Europe - Euronext Milan - BIT:19MW - US5738741041 - Common Stock
Taking everything into account, 19MW scores 4 out of 10 in our technical rating. 19MW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
19MW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 78.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.81, a Stop Loss order could be placed below this zone.
52.62
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 19MW.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 19MW.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | 19MW.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 19MW.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 19MW.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.9 | NEUTRAL | The RSI value for 19MW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests 19MW.MI has a negative trend. |
| Stochastics (14,3) | 15.84 | OVERSOLD | The low Stochastics value suggests 19MW.MI may be oversold. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for 19MW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.39 | NEUTRAL | The ADX value for 19MW.MI suggests a possible start of a new trend. |
BIT:19MW (11/20/2025, 7:00:00 PM)
70.8
+0.86 (+1.23%)
ChartMill assigns a technical rating of 4 / 10 to 19MW.MI.
The current trend direction for MARVELL TECHNOLOGY INC (19MW.MI) is Bullish.
MARVELL TECHNOLOGY INC (19MW.MI) has an RSI value of 48.9039. This indicates that the stock is currently neutral.
The short term momentum for MARVELL TECHNOLOGY INC (19MW.MI) is neutral.