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ISH EDGE MSCI ERP MOMENTUM (IEMO.MI) Stock Technical Analysis

BIT:IEMO - Euronext Milan - IE00BQN1K786 - ETF - Currency: EUR

12.758  -0.03 (-0.22%)

Technical Rating and Analysis

10

Taking everything into account, IEMO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, IEMO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: IEMO has an average volume of 14800 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, IEMO did better than 89% of all other stocks. On top of that, IEMO also shows a nice and consistent pattern of rising prices.
IEMO is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
IEMO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
ISH EDGE MSCI ERP MOMENTUM / IEMO Weekly stock chart
ISH EDGE MSCI ERP MOMENTUM / IEMO Daily stock chart
Setup Rating and Analysis

6

IEMO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

9.84

13.03

We found 3 important support areas.

  • A support zone ranging from 12.12 to 12.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.18 from a horizontal line in the daily time frame.
  • Support @9.94 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 12.77 to 12.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.82
Mansfield0.3
10 Day High12.9
10 Day Low12.51
20 Day High12.9
20 Day Low11.53
52 Week High12.9
52 Week Low7.9
Performance
1 Week0.9%
2 Weeks2.26%
1 Month9.42%
3 Month13.06%
6 Month17.52%
12 Month53.29%
2 Year51.38%
3 Year27.89%
5 Year83.41%
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
RSI(14)65.17
LBB12.17
UBB13.06
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.9112.500.41 (3.21%)25.00%
An entry @12.91. This is a Buy Stop order right above the resistance zone.An exit @12.50. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.41 points, which is 3.21%.For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ISH EDGE MSCI ERP MOMENTUM / IEMO Daily stock chart

ISH EDGE MSCI ERP MOMENTUM

BIT:IEMO (3/6/2025, 7:00:00 PM)

12.758

-0.03 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week0.9%
2 Weeks2.26%
1 Month9.42%
3 Month13.06%
6 Month17.52%
12 Month53.29%
2 Year51.38%
3 Year27.89%
5 Year83.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.35%
ATR Inc16.2%
Range Today0.19
ADR(20)0.09
ADR(20)%0.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.82
Mansfield0.3
10 Day High12.9
10 Day Low12.51
20 Day High12.9
20 Day Low11.53
52 Week High12.9
52 Week Low7.9
CS1 End12.4
CR1 Start12.77
Volume & EV
DER(3)0%
DER(5)0%
Volume48.68K
Volume Incr269.28%
Vol(5)48.66K
Vol(50)14.80K