BIT:EM35 - Euronext Milan - LU1650488494 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to EM35. Although EM35 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EM35 has an excellent technical rating and also presents 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 151.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 150.91, a Stop Loss order could be placed below this zone.
137.76
We found 3 important support 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 |
---|---|---|---|
151.53 | 149.73 | 1.80 (1.19%) | 25.00% |
An entry @151.53. This is a Buy Stop order right above the resistance zone. | An exit @149.73. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.80 points, which is 1.19%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:EM35 (4/25/2025, 7:00:00 PM)
151.3
-0.21 (-0.14%)