BIT:1KO - Euronext Milan - US1912161007 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to 1KO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 1KO is only an average performer.
Although the technical rating is only medium, 1KO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 64.04. Right above this resistance zone may be a good entry point.
57.01
We found 4 important support areas.
When analyzing the resistance we notice 3 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 1KO.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1KO.MI is neutral. |
ChartMill Relative Strength | 67.88 | NEUTRAL | 1KO.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1KO.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of 1KO.MI is below the rising SMA(50). |
Relative Strength Index/RSI (14) | 49.78 | NEUTRAL | The RSI value for 1KO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests 1KO.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 42.38 | NEUTRAL | The Stochastics value for 1KO.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for 1KO.MI suggests low volalility. |
Average Directional Index/ADX (14) | 11.24 | NEGATIVE | The low ADX value for 1KO.MI suggests a weak or negative trend. |
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 |
---|---|---|---|
64.64 | 63.24 | 1.40 (2.17%) | 25.00% |
An entry @64.64. This is a Buy Stop order right above the resistance zone. | An exit @63.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.40 points, which is 2.17%. | For a 0.54% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:1KO (5/30/2025, 7:00:00 PM)
63.37
+0.84 (+1.34%)