AMDI STOXX EUROPE 600 ACC (MEUD.MI) Stock Technical Analysis
BIT:MEUD - Euronext Milan - LU0908500753 - ETF - Currency: EUR
Taking everything into account, MEUD scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MEUD is only an average performer.
Warning: MEUD has an average volume of 13589 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!
MEUD is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MEUD slightly outperforms the market at the moment.
When compared to the yearly performance of all other stocks, MEUD outperforms 67% of them, which is more or less in line with the market.
In the last month MEUD has a been trading in a tight range between 254.55 and 264.80.
Volume is considerably higher in the last couple of days.
MEUD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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
223.88
266.60
4 important support areas can be observed.
- A support zone ranging from 258.20 to 259.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 242.02 to 243.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 235.90 to 237.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 226.14 to 231.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 260.11 to 263.96. 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
CRS67
Mansfield0.46
10 Day High264.8
10 Day Low258
20 Day High264.8
20 Day Low254.55
52 Week High264.8
52 Week Low223.05
Performance
1 Week-0.59%
2 Weeks0%
1 Month2.21%
3 Month8.99%
6 Month6.29%
12 Month14.69%
2 Year27.48%
3 Year31.66%
5 Year96.33%
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)-0.59
RSI(14)56.43
LBB257.18
UBB263.35
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 |
|---|---|---|---|
| 260.66 | 258.19 | 2.47 (0.95%) | 25.00% |
| An entry @260.66. This is a Buy Stop order right above the 10 day moving average. | An exit @258.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.47 points, which is 0.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%. |
- The distance between exit and entry is rather small compared to the average daily movement of MEUD. Please evaluate whether better entry and exit points can be found.
- 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.
BIT:MEUD (1/17/2025, 3:30:20 PM)
259.55
-1.1 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.42%
1 Week-0.59%
2 Weeks0%
1 Month2.21%
3 Month8.99%
6 Month6.29%
12 Month14.69%
2 Year27.48%
3 Year31.66%
5 Year96.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.85
ATR(20)%0.97%
ATR Inc8.78%
Range Today2.3
ADR(20)2.15
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67
Mansfield0.46
10 Day High264.8
10 Day Low258
20 Day High264.8
20 Day Low254.55
52 Week High264.8
52 Week Low223.05
CS1 End259.49
CR1 Start260.11
Volume & EV
DER(3)0%
DER(5)0%
Volume27.72K
Volume Incr179.3%
Vol(5)36.59K
Vol(50)13.59K