BIT:IB25 - Euronext Milan - IE000GUOATN7 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to IB25. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, IB25 is a bad performer.
Although the technical rating is only medium, IB25 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.32, a Stop Loss order could be placed below this zone.
5.05
2 important support areas can be observed.
We found 1 important resistance 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 |
---|---|---|---|
5.34 | 5.29 | 0.05 (1.03%) | 25.00% |
An entry @5.34. This is a Buy Stop order right above the resistance zone. | An exit @5.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 1.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
BIT:IB25 (3/6/2025, 7:00:00 PM)
5.323
0 (-0.06%)