BIT:1ENGI - Euronext Milan - FR0010208488 - Common Stock - Currency: EUR
Overall 1ENGI gets a technical rating of 7 out of 10. Although 1ENGI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, 1ENGI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 18.07, a Stop Loss order could be placed below this zone.
16.81
2 important support areas can be observed.
We found 1 important resistance 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 |
---|---|---|---|
18.90 | 17.83 | 1.07 (5.66%) | 17.66% |
An entry @18.90. This is a Buy Stop order right above the resistance zone. | An exit @17.83. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.07 points, which is 5.66%. | When investing 17.66% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:1ENGI (5/5/2025, 7:00:00 PM)
18.185
+0.11 (+0.64%)