ISHARES ULTRSHRT B ESG UCITS (EUES.MI) Stock Technical Analysis
BIT:EUES - Euronext Milan - IE000NBRE3P7 - ETF - Currency: EUR
Taking everything into account, EUES scores 5 out of 10 in our technical rating. EUES has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
EUES has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.36, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
5.21
We found 1 important support area.
- A support zone ranging from 5.26 to 5.36. 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 5.38 to 5.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
BIT:EUES (3/7/2025, 7:00:00 PM)
5.369
0 (-0.02%)