ISHARES EURO COVERED BOND (ICOV.AS) Stock Technical Analysis
Europe - AMS:ICOV - IE00B3B8Q275 - ETF
Taking everything into account, ICOV scores 3 out of 10 in our technical rating. ICOV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, ICOV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 142.83, a Stop Loss order could be placed below this zone.
More info and screens
136.52
We found 1 important support area.
- A support zone ranging from 137.90 to 142.83. 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 143.00 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 | UP | POSITIVE | The long term trend for ICOV.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICOV.AS is neutral. |
| ChartMill Relative Strength | 33.51 | 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) | UP | POSITIVE | The current price of ICOV.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ICOV.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.16 | NEUTRAL | The RSI value for ICOV.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ICOV.AS has a negative trend. |
| Stochastics (14,3) | 39.74 | NEUTRAL | The Stochastics value for ICOV.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for ICOV.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for ICOV.AS suggests a possible start of a new trend. |
AMS:ICOV (11/14/2025, 7:00:00 PM)
142.92
+0.04 (+0.03%)
ISHARES EURO COVERED BOND / ICOV.AS FAQ
What is the technical rating for ICOV stock?
ChartMill assigns a technical rating of 3 / 10 to ICOV.AS.
Can you provide the trend direction for ISHARES EURO COVERED BOND?
The current trend direction for ISHARES EURO COVERED BOND (ICOV.AS) is Bullish.
What is the RSI signal for ISHARES EURO COVERED BOND (ICOV.AS) stock?
ISHARES EURO COVERED BOND (ICOV.AS) has an RSI value of 47.1628. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES EURO COVERED BOND (ICOV.AS) stock?
The MACD indicator for ISHARES EURO COVERED BOND (ICOV.AS) has a value of -0.040201, indicating a bearish trend.