AMUNDI MSCI EUROPE (MEU.MI) Stock Technical Analysis
BIT:MEU - Euronext Milan - FR0010261198 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to MEU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MEU is showing a nice and steady performance.
Warning: MEU has an average volume of 394 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MEU did better than 80% of all other stocks. We also observe that the gains produced by MEU over the past year are nicely spread over this period.
MEU 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.
MEU 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.
Besides having an excellent technical rating, MEU also presents a decent setup pattern. 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.
More info and screens
170.49
207.16
We found 4 important support areas.
- A support zone ranging from 190.84 to 193.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 182.35 to 182.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 176.93 to 178.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @172.21 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 203.40 to 205.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.33
Mansfield0.13
10 Day High205.2
10 Day Low201.9
20 Day High205.2
20 Day Low184.94
52 Week High205.2
52 Week Low132.02
Performance
1 Week-1.37%
2 Weeks0.1%
1 Month7.36%
3 Month7.05%
6 Month12.23%
12 Month34.54%
2 Year26.79%
3 Year34.53%
5 Year49.28%
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)-0.1
RSI(14)63.38
LBB198.55
UBB206.68
BIT:MEU (3/7/2025, 12:43:32 PM)
202.3
-1.65 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.81%
1 Week-1.37%
2 Weeks0.1%
1 Month7.36%
3 Month7.05%
6 Month12.23%
12 Month34.54%
2 Year26.79%
3 Year34.53%
5 Year49.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.56
ATR(20)%0.97%
ATR Inc-6.46%
Range Today0.1
ADR(20)0.95
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.33
Mansfield0.13
10 Day High205.2
10 Day Low201.9
20 Day High205.2
20 Day Low184.94
52 Week High205.2
52 Week Low132.02
CS1 End193.92
CR1 Start203.4
Volume & EV
DER(3)0%
DER(5)0%
Volume923
Volume Incr274.84%
Vol(5)1.31K
Vol(50)394.6