Europe - BIT:IG34 - IE000UY6XF65 - ETF
We assign a technical rating of 3 out of 10 to IG34. In the last year, IG34 was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
IG34 has a poor technical rating and the quality of the setup is also not perfect 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.
5.08
We found 1 important support area.
When analyzing the resistance we notice one important 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.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IG34.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | IG34.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Relative Strength Index/RSI (14) | 69.19 | NEUTRAL | The RSI value for IG34.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests IG34.MI has a negative trend. |
Stochastics (14,3) | 38.97 | NEUTRAL | The Stochastics value for IG34.MI is a neutral value. |
Average Directional Index/ADX (14) | 41.37 | POSITIVE | The high ADX value value for IG34.MI suggests a strong trend. |
BIT:IG34 (9/4/2025, 7:00:00 PM)
5.143
+0.01 (+0.12%)