AMUNDI FIX MATU 28 EUGOV BND (MB28.MI) Stock Technical Analysis
BIT:MB28 - Euronext Milan - LU2780871401 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to MB28. In the last year, MB28 was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, MB28 does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.38, a Stop Loss order could be placed below this zone. 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.
More info and screens
9.91
When analyzing the support we notice one important area.
- A support zone ranging from 10.01 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.41 to 10.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
BIT:MB28 (3/4/2025, 7:00:00 PM)
10.41
+0.03 (+0.25%)