Europe - Euronext Milan - BIT:1BLK - US09290D1019 - Common Stock
We assign a technical rating of 5 out of 10 to 1BLK. 1BLK was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
1BLK has an average technical rating and also the quality of the setup is only medium 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
We found 4 important support areas.
2 important resistance areas can be observed.
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) | UP | MIXED | The current price of 1BLK.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 1BLK.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.99 | NEUTRAL | The RSI value for 1BLK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.54 | NEGATIVE | The MACD value suggests 1BLK.MI has a negative trend. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for 1BLK.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for 1BLK.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for 1BLK.MI suggests a possible start of a new trend. |
BIT:1BLK (12/4/2025, 7:00:00 PM)
934.6
+27 (+2.97%)
ChartMill assigns a technical rating of 5 / 10 to 1BLK.MI.
The current trend direction for BLACKROCK INC (1BLK.MI) is Bullish.
BLACKROCK INC (1BLK.MI) has an RSI value of 50.993. This indicates that the stock is currently neutral.
The MACD indicator for BLACKROCK INC (1BLK.MI) has a value of -6.53501, indicating a bearish trend.
The short term momentum for BLACKROCK INC (1BLK.MI) is neutral.