AMDI STOXX EUROPE 600 ACC (MEUD.MI) Stock Technical Analysis
BIT:MEUD - Euronext Milan - LU0908500753 - ETF - Currency: EUR
Overall MEUD gets a technical rating of 5 out of 10. In the last year, MEUD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: MEUD has an average volume of 12707 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MEUD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MEUD is lagging the market slightly.
When compared to the yearly performance of all other stocks, MEUD outperforms 59% of them, which is more or less in line with the market.
In the last month MEUD has a been trading in a tight range between 254.25 and 264.90.
Considerably lower volume is observed in the last couple of days.
MEUD has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
225.72
267.26
When analyzing the support we can see 3 important areas.
- Support @239.20 from a horizontal line in the daily time frame.
- Support @234.46 from a trend line in the weekly time frame.
- A support zone ranging from 228.00 to 229.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 259.23 to 264.61. 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 MEUD.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MEUD.MI is neutral. |
| ChartMill Relative Strength | 59.15 | NEUTRAL | MEUD.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MEUD.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MEUD.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MEUD.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.1 | NEUTRAL | The RSI value for MEUD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.07 | NEGATIVE | The MACD value suggests MEUD.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.03 | NEUTRAL | The Stochastics value for MEUD.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for MEUD.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.72 | NEGATIVE | The low ADX value for MEUD.MI suggests a weak or negative trend. |
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)
BIT:MEUD (6/24/2025, 7:00:00 PM)
258.65
+2.85 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.11%
1 Week-0.15%
2 Weeks-2.16%
1 Month-1.92%
3 Month1.47%
6 Month9.14%
12 Month9.02%
2 Year24.17%
3 Year45.1%
5 Year72.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.14
ATR(20)%0.83%
ATR Inc64.56%
Range Today1.4
ADR(20)1.8
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.15
Mansfield0.15
10 Day High264.9
10 Day Low254.25
20 Day High264.9
20 Day Low254.25
52 Week High264.9
52 Week Low218.2
CS1 End239.2
CR1 Start259.23
Volume & EV
DER(3)0%
DER(5)0%
Volume7.34K
Volume Incr-38.02%
Vol(5)6.69K
Vol(50)12.71K