BIT:VGEA - Euronext Milan - IE00BH04GL39 - ETF - Currency: EUR
Overall VGEA gets a technical rating of 2 out of 10. In the last year, VGEA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, VGEA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.78, a Stop Loss order could be placed below this zone.
21.51
When analyzing the support we can see 2 important areas.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for VGEA.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VGEA.MI is down. |
ChartMill Relative Strength | 34.36 | NEUTRAL | VGEA.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of VGEA.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VGEA.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VGEA.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.85 | NEUTRAL | The RSI value for VGEA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VGEA.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 19.95 | OVERSOLD | The low Stochastics value suggests VGEA.MI may be oversold. |
Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for VGEA.MI suggests low volalility. |
Average Directional Index/ADX (14) | 9.52 | NEGATIVE | The low ADX value for VGEA.MI suggests a weak or negative trend. |
BIT:VGEA (8/20/2025, 7:00:00 PM)
23.865
+0.08 (+0.36%)