AMS:SMDU - Euronext Amsterdam - IE00BJM0B415 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to SMDU. Although SMDU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, SMDU does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.04, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
6.24
We found 3 important support areas.
When analyzing the resistance we notice one important 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 |
---|---|---|---|
7.09 | 7.00 | 0.09 (1.26%) | 25.00% |
An entry @7.09. This is a Buy Stop order right above the 10 day moving average. | An exit @7.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.09 points, which is 1.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.32%. |
AMS:SMDU (3/7/2025, 7:00:00 PM)
7.048
-0.05 (-0.73%)