ISHARES EURO ULTRASHORT BOND (ERNE.MI) Stock Technical Analysis
BIT:ERNE - Euronext Milan - IE00BCRY6557 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to ERNE. Recently some decent action could be observed, but in the medium term time frame this is still negative. ERNE was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ERNE is a bad performer in the overall market: 65% of all stocks are doing better.
Warning: ERNE has an average volume of 10581 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ERNE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ERNE has a been trading in a tight range between 101.34 and 101.78.
ERNE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 101.60, a Stop Loss order could be placed below this zone.
More info and screens
98.01
103.82
2 important support areas can be observed.
- A support zone ranging from 100.69 to 101.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @99.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 102.29 to 102.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.41
Mansfield-0.35
10 Day High101.78
10 Day Low101.52
20 Day High101.78
20 Day Low101.34
52 Week High102.79
52 Week Low100.32
Performance
1 Week0.03%
2 Weeks0.13%
1 Month0.33%
3 Month-0.93%
6 Month0.08%
12 Month0.18%
2 Year1.48%
3 Year1.99%
5 Year2.74%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)65.17
LBB101.47
UBB101.68
BIT:ERNE (3/7/2025, 7:00:00 PM)
101.65
+0.04 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0.03%
2 Weeks0.13%
1 Month0.33%
3 Month-0.93%
6 Month0.08%
12 Month0.18%
2 Year1.48%
3 Year1.99%
5 Year2.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.11%
ATR Inc39.07%
Range Today0.1
ADR(20)0.11
ADR(20)%0.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.41
Mansfield-0.35
10 Day High101.78
10 Day Low101.52
20 Day High101.78
20 Day Low101.34
52 Week High102.79
52 Week Low100.32
CS1 End101.6
CR1 Start102.29
Volume & EV
DER(3)0%
DER(5)0%
Volume20.46K
Volume Incr4.02%
Vol(5)10.96K
Vol(50)10.58K