AMS:UE31 - Euronext Amsterdam - IE00BD4TYF66 - ETF - Currency: EUR
Overall UE31 gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UE31 is showing a nice and steady performance.
Although UE31 has an excellent technical rating, it does not present a decent entry opportunity 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.
27.46
6 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 UE31.AS is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UE31.AS is up. |
ChartMill Relative Strength | 81.05 | POSITIVE | UE31.AS has a high relative strength, it outperformed 81.05% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UE31.AS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UE31.AS is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UE31.AS is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 62.86 | NEUTRAL | The RSI value for UE31.AS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests UE31.AS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 96.23 | OVERBOUGHT | The high Stochastics value suggests UE31.AS may be overbought. |
Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for UE31.AS suggests low volalility. |
Average Directional Index/ADX (14) | 22.2 | NEUTRAL | The ADX value for UE31.AS suggests a possible start of a new trend. |
AMS:UE31 (6/3/2025, 7:00:00 PM)
40.077
+0.45 (+1.12%)