BIT:1MC - Euronext Milan - FR0000121014 - Common Stock - Currency: EUR
Overall 1MC gets a technical rating of 0 out of 10. 1MC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
1MC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 478.79, a Stop Loss order could be placed below this zone.
474.00
We found 1 important support area.
When analyzing the resistance we notice 6 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 | DOWN | NEGATIVE | The long term trend for 1MC.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 1MC.MI is down. |
ChartMill Relative Strength | 5.16 | NEGATIVE | 1MC.MI has a low relative strength, it was outperformed by 94.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1MC.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 1MC.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 1MC.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 38.66 | NEUTRAL | The RSI value for 1MC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests 1MC.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 22.84 | NEUTRAL | The Stochastics value for 1MC.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for 1MC.MI suggests some volalility. |
Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for 1MC.MI suggests a possible start of a new trend. |
BIT:1MC (5/29/2025, 7:00:00 PM)
481.25
-1.45 (-0.3%)