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ISHARES EURO COVERED BOND (ICOV.AS) Stock Technical Analysis

AMS:ICOV - IE00B3B8Q275 - ETF

142.68 EUR
-0.13 (-0.09%)
Last: 9/8/2025, 7:00:00 PM
Technical Rating and Analysis

4

Taking everything into account, ICOV scores 4 out of 10 in our technical rating. In the last year, ICOV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, ICOV is a bad performer in the overall market: 70% of all stocks are doing better.
Warning: ICOV has an average volume of 4643 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ICOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ICOV is lagging the market.
In the last month ICOV has a been trading in a tight range between 141.93 and 142.91.
Weekly and Daily overview Charts
ISHARES EURO COVERED BOND / ICOV Weekly stock chart
ISHARES EURO COVERED BOND / ICOV Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, ICOV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 142.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

136.52

145.03

2 important support areas can be observed.

  • A support zone ranging from 140.60 to 142.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @137.90 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 143.43 to 143.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ICOV.AS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ICOV.AS is up.
ChartMill Relative Strength30.43NEUTRALICOV.AS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ICOV.AS is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of ICOV.AS is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ICOV.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)55.13NEUTRALThe RSI value for ICOV.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests ICOV.AS has a positive trend.
Stochastics (14,3)77.79NEUTRALThe Stochastics value for ICOV.AS is a neutral value.
Average True Range in percent/ATR (20)0.27LOW VOLATILITYThe low ATR as a percentage value for ICOV.AS suggests low volalility.
Average Directional Index/ADX (14)8.77NEGATIVEThe low ADX value for ICOV.AS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ISHARES EURO COVERED BOND / ICOV Daily stock chart

ISHARES EURO COVERED BOND

AMS:ICOV (9/8/2025, 7:00:00 PM)

142.68

-0.13 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week0.21%
2 Weeks0.27%
1 Month0.29%
3 Month-0.43%
6 Month1.28%
12 Month0.54%
2 Year6.26%
3 Year5.9%
5 Year-10.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%0.27%
ATR Inc16.67%
Range Today0.34
ADR(20)0.38
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.43
Mansfield-0.85
10 Day High142.91
10 Day Low141.93
20 Day High142.91
20 Day Low141.93
52 Week High144.75
52 Week Low140.19
CS1 End142.58
CR1 Start143.43
Volume & EV
DER(3)0%
DER(5)0%
Volume5.88K
Volume Incr20.05%
Vol(5)4.63K
Vol(50)4.64K