BIT:QCEU - Euronext Milan - LU1681041890 - ETF - Currency: EUR
Taking everything into account, QCEU scores 4 out of 10 in our technical rating. QCEU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, QCEU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 114.74. Right above this resistance zone may be a good entry point.
96.91
3 important support areas can be observed.
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 QCEU.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QCEU.MI is down. |
ChartMill Relative Strength | 46.9 | NEUTRAL | QCEU.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of QCEU.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QCEU.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 49.91 | NEUTRAL | The RSI value for QCEU.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests QCEU.MI has a positive trend. |
Stochastics (14,3) | 61.07 | NEUTRAL | The Stochastics value for QCEU.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for QCEU.MI suggests some volalility. |
Average Directional Index/ADX (14) | 11.37 | NEGATIVE | The low ADX value for QCEU.MI suggests a weak or negative trend. |
BIT:QCEU (7/23/2025, 7:00:00 PM)
109.44
+1.72 (+1.6%)