AMS:RBOE - Euronext Amsterdam - IE00BYZK4552 - ETF - Currency: EUR
Taking everything into account, RBOE scores 6 out of 10 in our technical rating. RBOE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
RBOE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 12.52, a Stop Loss order could be placed below this zone.
10.45
When analyzing the support we can see 2 important areas.
3 important resistance areas can be observed.
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 RBOE.AS is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBOE.AS is up. |
ChartMill Relative Strength | 53.45 | NEUTRAL | RBOE.AS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBOE.AS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBOE.AS is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of RBOE.AS is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.39 | NEUTRAL | The RSI value for RBOE.AS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RBOE.AS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 43.8 | NEUTRAL | The Stochastics value for RBOE.AS is a neutral value. |
Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for RBOE.AS suggests low volalility. |
Average Directional Index/ADX (14) | 13.84 | NEGATIVE | The low ADX value for RBOE.AS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
12.72 | 12.21 | 0.51 (4.00%) | 25.00% |
An entry @12.72. This is a Buy Stop order right above the resistance zone. | An exit @12.21. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.51 points, which is 4.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
AMS:RBOE (6/4/2025, 10:50:31 AM)
12.581
+0.05 (+0.38%)