ISHARES CHINA CNY BOND EURHA (CYBE.AS) Stock Technical Analysis
AMS:CYBE - Euronext Amsterdam - IE00BKT6VQ12 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to CYBE. Although CYBE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CYBE 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 6.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.98, a Stop Loss order could be placed below this zone.
More info and screens
5.68
We found 2 important support areas.
- A support zone ranging from 5.89 to 5.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.00 to 6.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
AMS:CYBE (4/25/2025, 7:00:00 PM)
5.985
+0.01 (+0.22%)