AMS:29ID - Euronext Amsterdam - IE000Y247W99 - ETF - Currency: USD
Taking everything into account, 29ID scores 6 out of 10 in our technical rating. Although 29ID is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
29ID 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 a resistance zone just above the current price starting at 5.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone.
4.99
We found 1 important support area.
We found 1 important resistance area.
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 |
---|---|---|---|
5.19 | 5.03 | 0.16 (3.08%) | 25.00% |
An entry @5.19. This is a Buy Stop order right above the 10 day high. | An exit @5.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 3.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
AMS:29ID (4/25/2025, 7:00:00 PM)
5.1473
+0.02 (+0.46%)