NYSEARCA:EUSM - NYSE Arca - US86280R7879 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to EUSM. In the last year, EUSM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, EUSM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 22.73, a Stop Loss order could be placed below this zone.
21.97
We found 1 important support area.
NYSEARCA:EUSM (4/29/2025, 12:08:40 PM)
23.4331
+0.11 (+0.48%)