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AMUNDI INDEX EURO CORPORATE (ECRP.MI) Stock Technical Analysis

BIT:ECRP - Euronext Milan - LU1437018168 - ETF - Currency: EUR

52.25  +0.11 (+0.21%)

Technical Rating and Analysis

4

Taking everything into account, ECRP scores 4 out of 10 in our technical rating. In the last year, ECRP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

Warning: ECRP has an average volume of 7008 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ECRP is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ECRP slightly outperforms the market at the moment.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, ECRP turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
In the last month ECRP has a been trading in a tight range between 52.05 and 53.03.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AMUNDI INDEX EURO CORPORATE / ECRP Weekly stock chart
AMUNDI INDEX EURO CORPORATE / ECRP Daily stock chart
Setup Rating and Analysis

3

ECRP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

45.73

53.53

We found 3 important support areas.

  • A support zone ranging from 51.84 to 52.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 49.64 to 50.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 46.19 to 46.73. 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 52.45 to 53.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.37
Mansfield-0.28
10 Day High53.03
10 Day Low52.05
20 Day High53.03
20 Day Low52.05
52 Week High53.03
52 Week Low49.62
Performance
1 Week-1.14%
2 Weeks-1.23%
1 Month-0.23%
3 Month-0.46%
6 Month1.75%
12 Month4.9%
2 Year10.45%
3 Year-3.72%
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)-0.08
RSI(14)40.97
LBB52.21
UBB53.28
AMUNDI INDEX EURO CORPORATE / ECRP Daily stock chart

AMUNDI INDEX EURO CORPORATE

BIT:ECRP (3/7/2025, 7:00:00 PM)

52.25

+0.11 (+0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.21%
1 Week-1.14%
2 Weeks-1.23%
1 Month-0.23%
3 Month-0.46%
6 Month1.75%
12 Month4.9%
2 Year10.45%
3 Year-3.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.37%
ATR Inc44.19%
Range Today0.22
ADR(20)0.15
ADR(20)%0.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.37
Mansfield-0.28
10 Day High53.03
10 Day Low52.05
20 Day High53.03
20 Day Low52.05
52 Week High53.03
52 Week Low49.62
CS1 End52.22
CR1 Start52.45
Volume & EV
DER(3)0%
DER(5)0%
Volume18.45K
Volume Incr112.69%
Vol(5)14.80K
Vol(50)7.01K