BIT:EGRI - Euronext Milan - LU2182388236 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to EGRI. Although EGRI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, EGRI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.27, a Stop Loss order could be placed below this zone.
40.56
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 |
---|---|---|---|
45.74 | 44.53 | 1.21 (2.66%) | 25.00% |
An entry @45.74. This is a Buy Stop order right above the resistance zone. | An exit @44.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.21 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
BIT:EGRI (4/25/2025, 7:00:00 PM)
45.365
-0.12 (-0.26%)