AMS:ERNE - Euronext Amsterdam - IE00BCRY6557 - ETF - Currency: EUR
Taking everything into account, ERNE scores 6 out of 10 in our technical rating. In the last year, ERNE was an 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, ERNE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 102.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 101.94, a Stop Loss order could be placed below this zone.
99.23
We found 1 important support area.
When analyzing the resistance we notice one important 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 |
---|---|---|---|
102.14 | 101.49 | 0.65 (0.64%) | 25.00% |
An entry @102.14. This is a Buy Stop order right above the 10 day high. | An exit @101.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.65 points, which is 0.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.16%. |
AMS:ERNE (4/25/2025, 7:00:00 PM)
102.08
+0.02 (+0.02%)