BIT:1IBM - Euronext Milan - US4592001014 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to 1IBM. In the last year, 1IBM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
1IBM has an average technical rating and it also does not offer a high 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.
197.16
When analyzing the support we can see 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 1IBM.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1IBM.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | 1IBM.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1IBM.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1IBM.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 56.15 | NEUTRAL | The RSI value for 1IBM.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.98 | NEGATIVE | The MACD value suggests 1IBM.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 66.51 | NEUTRAL | The Stochastics value for 1IBM.MI is a neutral value. |
Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for 1IBM.MI suggests some volalility. |
Average Directional Index/ADX (14) | 26.8 | POSITIVE | The high ADX value value for 1IBM.MI suggests a strong trend. |
BIT:1IBM (6/4/2025, 7:00:00 PM)
232.7
+4.75 (+2.08%)