L&G ESG EMG 0-5 B ETF EUR-HD (EMGH.MI) Stock Technical Analysis
BIT:EMGH - Euronext Milan - IE000MINO564 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to EMGH. In the last year, EMGH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, EMGH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.17, 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
10.76
When analyzing the support we notice one important area.
- A support zone ranging from 10.87 to 11.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 11.22 to 11.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
BIT:EMGH (3/6/2025, 7:00:00 PM)
11.212
-0.03 (-0.28%)