ISHARES EURO GOVT 0-1YR (IEGE.AS) Stock Technical Analysis
AMS:IEGE - Euronext Amsterdam - IE00B3FH7618 - ETF - Currency: EUR
Taking everything into account, IEGE scores 5 out of 10 in our technical rating. In the last year, IEGE 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.
IEGE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 99.48, 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.
More info and screens
97.22
When analyzing the support we notice one important area.
- A support zone ranging from 98.20 to 99.48. 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 100.02 to 100.09. This zone is formed by a combination of multiple trend lines 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 IEGE.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IEGE.AS is up. |
| ChartMill Relative Strength | 39.78 | NEUTRAL | IEGE.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IEGE.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IEGE.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IEGE.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.77 | OVERBOUGHT | The high RSI value suggests IEGE.AS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IEGE.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for IEGE.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.06 | LOW VOLATILITY | The low ATR as a percentage value for IEGE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 37.81 | POSITIVE | The high ADX value value for IEGE.AS suggests a strong trend. |
AMS:IEGE (6/2/2025, 7:00:00 PM)
99.53
+0.01 (+0.01%)