AMUNDI FIXMAT28 EUGOV BND YI (MY28.MI) Stock Technical Analysis
Europe - BIT:MY28 - LU2780871666 - ETF
Overall MY28 gets a technical rating of 4 out of 10. In the last year, MY28 was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MY28 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 support zone below the current price at 10.45, a Stop Loss order could be placed below this zone.
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10.23
When analyzing the support we notice one important area.
- A support zone ranging from 10.33 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.50 to 10.59. 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 MY28.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MY28.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MY28.MI 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 MY28.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 61.17 | NEUTRAL | The RSI value for MY28.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests MY28.MI has a negative trend. |
| Stochastics (14,3) | 58.72 | NEUTRAL | The Stochastics value for MY28.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for MY28.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.81 | NEUTRAL | The ADX value for MY28.MI suggests a possible start of a new trend. |
BIT:MY28 (9/4/2025, 7:00:00 PM)
10.47
+0.01 (+0.11%)