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AM CORE EURO GOV BND ETF ACC (EGOV.MI) Stock Technical Analysis

Europe - Euronext Milan - BIT:EGOV - LU1437018598 - ETF

49.35 EUR
-0.05 (-0.09%)
Last: 12/17/2025, 7:00:00 PM
Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to EGOV. EGOV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

69% of all other stocks performed better in the past year than EGOV.
Warning: EGOV has an average volume of 10648 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EGOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGOV is lagging the market.
In the last month EGOV has a been trading in a tight range between 49.22 and 49.94.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AM CORE EURO GOV BND ETF ACC / EGOV Weekly stock chart
AM CORE EURO GOV BND ETF ACC / EGOV Daily stock chart
Setup Rating and Analysis

4

EGOV has a poor technical rating and the quality of the setup is also only medium 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

46.81

50.62

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 48.08 to 49.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @47.28 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 49.41 to 50.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for EGOV.MI is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for EGOV.MI is down.
ChartMill Relative Strength31.94NEUTRALEGOV.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EGOV.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of EGOV.MI is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of EGOV.MI is above a declining SMA(200).
Relative Strength Index/RSI (14)40.15NEUTRALThe RSI value for EGOV.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests EGOV.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)21.09NEUTRALThe Stochastics value for EGOV.MI is a neutral value.
Average True Range in percent/ATR (20)0.27LOW VOLATILITYThe low ATR as a percentage value for EGOV.MI suggests low volalility.
Average Directional Index/ADX (14)18.46NEGATIVEThe low ADX value for EGOV.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
AM CORE EURO GOV BND ETF ACC / EGOV Daily stock chart

AM CORE EURO GOV BND ETF ACC

BIT:EGOV (12/17/2025, 7:00:00 PM)

49.35

-0.05 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week0.11%
2 Weeks-0.9%
1 Month-0.82%
3 Month0.09%
6 Month-0.35%
12 Month-1.54%
2 Year5.88%
3 Year-12.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.27%
ATR Inc26.04%
Range Today0.18
ADR(20)0.12
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.94
3 months CRS39.18
6 months CRS32.82
Mansfield-0.89
10 Day High49.76
10 Day Low49.22
20 Day High49.94
20 Day Low49.22
52 Week High50.16
52 Week Low47.98
CS1 End49.23
CR1 Start49.41
Volume & EV
DER(3)0%
DER(5)0%
Volume6.02K
Volume Incr-32.49%
Vol(5)6.40K
Vol(50)10.65K

AM CORE EURO GOV BND ETF ACC / EGOV.MI FAQ

What is the technical rating for EGOV stock?

ChartMill assigns a technical rating of 1 / 10 to EGOV.MI.


What is the trend direction for EGOV stock?

The current trend direction for AM CORE EURO GOV BND ETF ACC (EGOV.MI) is Bearish.


What is the RSI signal for EGOV stock?

AM CORE EURO GOV BND ETF ACC (EGOV.MI) has an RSI value of 40.1504. This indicates that the stock is currently neutral.


Can you provide the MACD signal for AM CORE EURO GOV BND ETF ACC?

The MACD indicator for AM CORE EURO GOV BND ETF ACC (EGOV.MI) has a value of -0.0379552, indicating a bearish trend.