ERSTE GROUP BANK AG (EBO.DE) Stock Technical Analysis
FRA:EBO - Deutsche Boerse Ag - AT0000652011 - Common Stock - Currency: EUR
Overall EBO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EBO is showing a nice and steady performance.
Warning: EBO has an average volume of 2188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, EBO did better than 98% of all other stocks. We also observe that the gains produced by EBO over the past year are nicely spread over this period.
EBO is one of the better performing stocks in the Banks industry, it outperforms 93% of 99 stocks in the same industry.
EBO 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.
In the last month EBO has a been trading in the 61.08 - 70.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, EBO also presents 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 70.08. Right above this resistance zone may be a good entry point.
More info and screens
53.90
70.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.80 to 62.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.20 to 58.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @54.44 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 70.08 to 70.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.09
Mansfield3.07
10 Day High69.66
10 Day Low61.7
20 Day High70.26
20 Day Low61.08
52 Week High70.26
52 Week Low37.4
Performance
1 Week5.28%
2 Weeks2.57%
1 Month10.22%
3 Month23.98%
6 Month41.63%
12 Month79.92%
2 Year121.59%
3 Year103.3%
5 Year299.88%
10 Year194.97%
15 Year118.52%
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)-0.24
RSI(14)56.77
LBB62.62
UBB70.97
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 |
|---|---|---|---|
| 70.09 | 61.69 | 8.40 (11.98%) | 8.34% |
| An entry @70.09. This is a Buy Stop order right above the resistance zone. | An exit @61.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.40 points, which is 11.98%. | When investing 8.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FRA:EBO (3/7/2025, 7:00:00 PM)
67.74
+0.16 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.24%
1 Week5.28%
2 Weeks2.57%
1 Month10.22%
3 Month23.98%
6 Month41.63%
12 Month79.92%
2 Year121.59%
3 Year103.3%
5 Year299.88%
10 Year194.97%
15 Year118.52%
Volatility
ATR(14)2.4
ATR(20)%3.09%
ATR Inc-16.16%
Range Today1.38
ADR(20)1.69
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.09
Mansfield3.07
10 Day High69.66
10 Day Low61.7
20 Day High70.26
20 Day Low61.08
52 Week High70.26
52 Week Low37.4
CS1 End62.69
CR1 Start70.08
Volume & EV
DER(3)0%
DER(5)0%
Volume587
Volume Incr30.3%
Vol(5)3.32K
Vol(50)2.19K