BIT:1MC - Euronext Milan - FR0000121014 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to 1MC. 1MC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of 1MC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
481.14
4 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 | DOWN | NEGATIVE | The long term trend for 1MC.MI is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1MC.MI is neutral. |
ChartMill Relative Strength | 6.36 | NEGATIVE | 1MC.MI has a low relative strength, it was outperformed by 93.64% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1MC.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 1MC.MI is above 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) | 54.67 | NEUTRAL | The RSI value for 1MC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.23 | POSITIVE | The MACD value suggests 1MC.MI has a positive trend. |
Stochastics (14,3) | 90.25 | OVERBOUGHT | The high Stochastics value suggests 1MC.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for 1MC.MI suggests some volalility. |
Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for 1MC.MI suggests a weak or negative trend. |
BIT:1MC (7/3/2025, 7:00:00 PM)
486
-3.6 (-0.74%)