ISHARES EURO GOVT 3-5Y (IBGX.AS) Stock Technical Analysis
AMS:IBGX - Euronext Amsterdam - IE00B1FZS681 - ETF - Currency: EUR
Taking everything into account, IBGX scores 3 out of 10 in our technical rating. IBGX has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is bad, IBGX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 162.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 162.43, a Stop Loss order could be placed below this zone.
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155.02
When analyzing the support we notice one important area.
- A support zone ranging from 156.59 to 162.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 162.68 to 164.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for IBGX.AS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBGX.AS is down. |
| ChartMill Relative Strength | 50.31 | NEUTRAL | IBGX.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBGX.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IBGX.AS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBGX.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.57 | NEUTRAL | The RSI value for IBGX.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IBGX.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.47 | NEUTRAL | The Stochastics value for IBGX.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for IBGX.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 28.95 | POSITIVE | The high ADX value value for IBGX.AS suggests a strong trend. |
AMS:IBGX (5/30/2025, 7:00:00 PM)
162.53
+0.14 (+0.09%)