INVESCO EUR GOV BOND 3-5 (EIB5.MI) Stock Technical Analysis
BIT:EIB5 - Euronext Milan - IE00BGJWWV33 - ETF - Currency: EUR
Overall EIB5 gets a technical rating of 3 out of 10. In the last year, EIB5 was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
EIB5 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 36.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
35.15
We found 2 important support areas.
- A support zone ranging from 36.27 to 36.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.51 to 35.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.73 to 36.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
BIT:EIB5 (3/3/2025, 7:00:00 PM)
36.72
+0 (+0.01%)