AMS:29IT - Euronext Amsterdam - IE00076HZIP3 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to 29IT. Although 29IT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
29IT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 5.18, a Stop Loss order could be placed below this zone.
4.98
We found 1 important support area.
When analyzing the resistance we notice one important 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 |
---|---|---|---|
5.28 | 5.13 | 0.14 (2.74%) | 25.00% |
An entry @5.28. This is a Buy Stop order right above the 10 day high. | An exit @5.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 2.74%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
AMS:29IT (4/23/2025, 7:00:00 PM)
5.1937
0 (-0.01%)