BIT:MVEU - IE00B86MWN23 - ETF
Overall MVEU gets a technical rating of 6 out of 10. In the last year, MVEU was one of the better performers, but we do observe some doubts in the very recent evolution.
MVEU has an average technical rating and also the quality of the setup is only medium 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.
59.28
We found 4 important support areas.
When analyzing the resistance we notice 2 important areas.
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 MVEU.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVEU.MI is down. |
ChartMill Relative Strength | 76.33 | POSITIVE | MVEU.MI has a high relative strength, it outperformed 76.33% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MVEU.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MVEU.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MVEU.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.82 | NEUTRAL | The RSI value for MVEU.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MVEU.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 21.22 | NEUTRAL | The Stochastics value for MVEU.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for MVEU.MI suggests low volalility. |
Average Directional Index/ADX (14) | 13.86 | NEGATIVE | The low ADX value for MVEU.MI suggests a weak or negative trend. |
BIT:MVEU (9/4/2025, 7:00:00 PM)
66.62
+0.61 (+0.92%)