BIT:VNGA80 - Euronext Milan - IE00BMVB5R75 - ETF - Currency: EUR
Overall VNGA80 gets a technical rating of 7 out of 10. Although VNGA80 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
VNGA80 has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 36.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
31.19
We found 4 important support areas.
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 VNGA80.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VNGA80.MI is up. |
ChartMill Relative Strength | 51.99 | NEUTRAL | VNGA80.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VNGA80.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VNGA80.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VNGA80.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.02 | NEUTRAL | The RSI value for VNGA80.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VNGA80.MI has a negative trend. |
Stochastics (14,3) | 74.1 | NEUTRAL | The Stochastics value for VNGA80.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for VNGA80.MI suggests low volalility. |
Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for VNGA80.MI suggests a possible start of a new 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 |
---|---|---|---|
37.41 | 36.64 | 0.77 (2.05%) | 25.00% |
An entry @37.41. This is a Buy Stop order right above the 10 day high. | An exit @36.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.77 points, which is 2.05%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:VNGA80 (8/20/2025, 7:00:00 PM)
36.995
-0.19 (-0.51%)