AMUNDI EUR FLOAT RATE CORP B (AFRN.MI) Stock Technical Analysis
BIT:AFRN - Euronext Milan - LU1681041114 - ETF - Currency: EUR
Taking everything into account, AFRN scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AFRN is only an average performer.
Warning: AFRN has an average volume of 3584 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
AFRN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When compared to the yearly performance of all other stocks, AFRN outperforms 45% of them, which is more or less in line with the market.
In the last month AFRN has a been trading in a tight range between 108.45 and 108.92.
AFRN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 108.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 108.75, a Stop Loss order could be placed below this zone.
More info and screens
97.78
109.92
We found 2 important support areas.
- A support zone ranging from 108.38 to 108.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 98.77 to 99.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 108.81 to 108.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.27
Mansfield-0.19
10 Day High108.92
10 Day Low108.55
20 Day High108.92
20 Day Low108.45
52 Week High108.92
52 Week Low104.33
Performance
1 Week-0.03%
2 Weeks0.23%
1 Month0.14%
3 Month0.67%
6 Month1.82%
12 Month4.29%
2 Year8.75%
3 Year7.97%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)58
LBB108.48
UBB108.92
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 |
|---|---|---|---|
| 108.84 | 108.54 | 0.30 (0.28%) | 25.00% |
| An entry @108.84. This is a Buy Stop order right above the resistance zone. | An exit @108.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.30 points, which is 0.28%. | For a 0.07% 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.
BIT:AFRN (3/7/2025, 7:00:00 PM)
108.77
-0.01 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.01%
1 Week-0.03%
2 Weeks0.23%
1 Month0.14%
3 Month0.67%
6 Month1.82%
12 Month4.29%
2 Year8.75%
3 Year7.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.17%
ATR Inc49.79%
Range Today0.16
ADR(20)0.16
ADR(20)%0.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.27
Mansfield-0.19
10 Day High108.92
10 Day Low108.55
20 Day High108.92
20 Day Low108.45
52 Week High108.92
52 Week Low104.33
CS1 End108.75
CR1 Start108.81
Volume & EV
DER(3)0%
DER(5)0%
Volume10.24K
Volume Incr9.32%
Vol(5)4.13K
Vol(50)3.58K