
Europe - Euronext Milan - BIT:EMAE - IE00B466KX20 - ETF
Overall EMAE gets a technical rating of 6 out of 10. EMAE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
EMAE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 84.80, a Stop Loss order could be placed below this zone.
64.18
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | UP | POSITIVE | The long term trend for EMAE.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EMAE.MI is neutral. |
| ChartMill Relative Strength | 61.62 | NEUTRAL | EMAE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMAE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EMAE.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMAE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for EMAE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests EMAE.MI has a negative trend. |
| Stochastics (14,3) | 44.03 | NEUTRAL | The Stochastics value for EMAE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for EMAE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for EMAE.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 85.95 | 84.62 | 1.33 (1.55%) | 25.00% |
| An entry @85.95. This is a Buy Stop order right above the resistance zone. | An exit @84.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.33 points, which is 1.55%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
BIT:EMAE (12/11/2025, 7:00:00 PM)
85.59
-0.93 (-1.07%)
ChartMill assigns a technical rating of 6 / 10 to EMAE.MI.
The current trend direction for SPDR EM ASIA (EMAE.MI) is Bullish.
SPDR EM ASIA (EMAE.MI) has an RSI value of 49.6193. This indicates that the stock is currently neutral.
The short term momentum for SPDR EM ASIA (EMAE.MI) is neutral.