BIT:1BLK - Euronext Milan - US09290D1019 - Common Stock - Currency: EUR
Overall 1BLK gets a technical rating of 3 out of 10. In the last year, 1BLK was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of 1BLK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
715.18
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 1BLK.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1BLK.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | 1BLK.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 1BLK.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of 1BLK.MI is below the rising SMA(50). |
Relative Strength Index/RSI (14) | 52.28 | NEUTRAL | The RSI value for 1BLK.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.08 | POSITIVE | The MACD value suggests 1BLK.MI has a positive trend. |
Stochastics (14,3) | 58.74 | NEUTRAL | The Stochastics value for 1BLK.MI is a neutral value. |
Average True Range in percent/ATR (20) | 7.23 | HIGH VOLATILITY | The high ATR as a percentage value for 1BLK.MI suggests high volalility. |
Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for 1BLK.MI suggests a weak or negative trend. |
BIT:1BLK (5/19/2025, 7:00:00 PM)
877.5
+17 (+1.98%)