HSBC EURO STOXX 50 UCITS ETF (50E.PA) Stock Technical Analysis
EPA:50E - Euronext Paris - Matif - IE00B4K6B022 - ETF - Currency: EUR
Taking everything into account, 50E scores 8 out of 10 in our technical rating. Although 50E is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, 50E also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 57.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
48.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 56.79 to 57.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @53.46 from a trend line in the daily time frame.
- A support zone ranging from 51.80 to 52.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.83 to 50.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.61 to 58.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 58.12 | 56.78 | 1.34 (2.31%) | 25.00% |
| An entry @58.12. This is a Buy Stop order right above the resistance zone. | An exit @56.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.34 points, which is 2.31%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:50E (3/7/2025, 7:00:00 PM)
57.6
-0.34 (-0.59%)