
Europe - Euronext Milan - BIT:EMEG - IE00BHZPJ239 - ETF
We assign a technical rating of 4 out of 10 to EMEG. In the last year, EMEG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
EMEG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
6.29
When analyzing the support we notice one important area.
We can see 2 important resistance 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 EMEG.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMEG.MI is down. |
| ChartMill Relative Strength | 52.82 | NEUTRAL | EMEG.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMEG.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EMEG.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EMEG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.62 | NEUTRAL | The RSI value for EMEG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EMEG.MI has a negative trend. |
| Stochastics (14,3) | 30.44 | NEUTRAL | The Stochastics value for EMEG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for EMEG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for EMEG.MI suggests a weak or negative trend. |
BIT:EMEG (12/16/2025, 7:00:00 PM)
6.36
-0.1 (-1.49%)
ChartMill assigns a technical rating of 4 / 10 to EMEG.MI.
The current trend direction for ISH MS EM E EN CTB U ETF-USA (EMEG.MI) is Bullish.
ISH MS EM E EN CTB U ETF-USA (EMEG.MI) has an RSI value of 37.6248. This indicates that the stock is currently neutral.
The MACD indicator for ISH MS EM E EN CTB U ETF-USA (EMEG.MI) has a value of -0.0193589, indicating a bearish trend.
The short term momentum for ISH MS EM E EN CTB U ETF-USA (EMEG.MI) is negative.