AM EURO GOV BD 10-15Y-ETF A (MTE.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:MTE - LU1650489385 - ETF
We assign a technical rating of 4 out of 10 to MTE. MTE 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.
- 67% of all other stocks performed better in the past year than MTE.
- Warning: MTE has an average volume of 1994 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- MTE 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 MTE is lagging the market slightly.
- In the last month MTE has a been trading in a tight range between 198.79 and 202.27.
MTE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 202.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 201.32, 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
188.90
2 important support areas can be observed.
- A support zone ranging from 196.56 to 201.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 190.81 to 192.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 202.07 to 203.61. 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 | NEUTRAL | NEUTRAL | The long term trend for MTE.PA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTE.PA is up. |
| ChartMill Relative Strength | 33.48 | NEUTRAL | MTE.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTE.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MTE.PA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTE.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for MTE.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests MTE.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.71 | OVERBOUGHT | The high Stochastics value suggests MTE.PA may be overbought. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for MTE.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for MTE.PA suggests a weak or negative trend. |
EPA:MTE (1/16/2026, 7:00:00 PM)
201.88
-0.43 (-0.21%)
AM EURO GOV BD 10-15Y-ETF A / MTE.PA FAQ
What is the ChartMill technical rating of AM EURO GOV BD 10-15Y-ETF A (MTE.PA) stock?
ChartMill assigns a technical rating of 4 / 10 to MTE.PA.
What is the trend direction for MTE stock?
The current trend direction for AM EURO GOV BD 10-15Y-ETF A (MTE.PA) is Bearish.
What is the RSI signal for MTE stock?
AM EURO GOV BD 10-15Y-ETF A (MTE.PA) has an RSI value of 56.9655. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for AM EURO GOV BD 10-15Y-ETF A?
AM EURO GOV BD 10-15Y-ETF A (MTE.PA) has a support level at 201.32 and a resistance level at 202.07. Check the full technical report for our detailed analysis of MTE.PA support and resistance levels.