AMS:IG34 - Euronext Amsterdam - IE000UY6XF65 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to IG34. IG34 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, IG34 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.11, a Stop Loss order could be placed below this zone.
5.05
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 IG34.AS is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IG34.AS is up. |
ChartMill Relative Strength | 0 | NEGATIVE | IG34.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IG34.AS is above the rising SMA(20). |
Relative Strength Index/RSI (14) | 63.56 | NEUTRAL | The RSI value for IG34.AS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests IG34.AS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 81.61 | OVERBOUGHT | The high Stochastics value suggests IG34.AS may be overbought. |
Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for IG34.AS suggests low volalility. |
Average Directional Index/ADX (14) | 29.99 | POSITIVE | The high ADX value value for IG34.AS suggests a strong trend. |
AMS:IG34 (6/19/2025, 7:00:00 PM)
5.12
-0.01 (-0.23%)