
Europe - Euronext Milan - BIT:EGOV - LU1437018598 - ETF
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.
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.
46.81
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EGOV.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGOV.MI is down. |
| ChartMill Relative Strength | 31.94 | NEUTRAL | EGOV.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGOV.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EGOV.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EGOV.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.15 | NEUTRAL | The RSI value for EGOV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EGOV.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.09 | NEUTRAL | The Stochastics value for EGOV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for EGOV.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for EGOV.MI suggests a weak or negative trend. |
BIT:EGOV (12/17/2025, 7:00:00 PM)
49.35
-0.05 (-0.09%)
ChartMill assigns a technical rating of 1 / 10 to EGOV.MI.
The current trend direction for AM CORE EURO GOV BND ETF ACC (EGOV.MI) is Bearish.
AM CORE EURO GOV BND ETF ACC (EGOV.MI) has an RSI value of 40.1504. This indicates that the stock is currently neutral.
The MACD indicator for AM CORE EURO GOV BND ETF ACC (EGOV.MI) has a value of -0.0379552, indicating a bearish trend.