ISHARES EURO COVERED BOND (ICOV.AS) Technical Analysis
AMS:ICOV • IE00B3B8Q275
We assign a technical rating of 0 out of 10 to ICOV. ICOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 70% of all other stocks performed better in the past year than ICOV.
- ICOV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: ICOV has an average volume of 5569 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- In the last month ICOV has a been trading in a tight range between 141.34 and 143.50.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ICOV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
136.80
2 important support areas can be observed.
- A support zone ranging from 141.36 to 141.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @138.18 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 142.41 to 143.59. 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 ICOV.AS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICOV.AS is down. |
| ChartMill Relative Strength | 30.78 | NEUTRAL | ICOV.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICOV.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICOV.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICOV.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.84 | NEUTRAL | The RSI value for ICOV.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests ICOV.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.79 | OVERSOLD | The low Stochastics value suggests ICOV.AS may be oversold. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for ICOV.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for ICOV.AS suggests a weak or negative trend. |
ICOV.AS Technicals: Chart, Performance Metrics, Trend & Indicators
AMS:ICOV (3/10/2026, 7:00:00 PM)
141.92
+0.55 (+0.39%)
ISHARES EURO COVERED BOND / ICOV.AS FAQ
What is the technical rating for ICOV stock?
ChartMill assigns a technical rating of 0 / 10 to ICOV.AS.
What is the trend direction for ICOV stock?
The current trend direction for ISHARES EURO COVERED BOND (ICOV.AS) is Bearish.
What is the RSI signal for ISHARES EURO COVERED BOND (ICOV.AS) stock?
ISHARES EURO COVERED BOND (ICOV.AS) has an RSI value of 41.8393. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES EURO COVERED BOND?
The MACD indicator for ISHARES EURO COVERED BOND (ICOV.AS) has a value of -0.14991, indicating a bearish trend.
What is the short term momentum for ISHARES EURO COVERED BOND (ICOV.AS) stock?
The short term momentum for ISHARES EURO COVERED BOND (ICOV.AS) is negative.