BIT:1NKE - Euronext Milan - US6541061031 - Common Stock - Currency: EUR
Taking everything into account, 1NKE scores 7 out of 10 in our technical rating. 1NKE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, 1NKE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 64.62. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
52.32
When analyzing the support we can see 4 important areas.
We can see 6 important resistance 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 1NKE.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1NKE.MI is up. |
ChartMill Relative Strength | 42.68 | NEUTRAL | 1NKE.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1NKE.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1NKE.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 62.98 | NEUTRAL | The RSI value for 1NKE.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests 1NKE.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87.7 | OVERBOUGHT | The high Stochastics value suggests 1NKE.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for 1NKE.MI suggests some volalility. |
Average Directional Index/ADX (14) | 25.21 | POSITIVE | The high ADX value value for 1NKE.MI suggests a strong 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 |
---|---|---|---|
65.30 | 63.14 | 2.16 (3.31%) | 25.00% |
An entry @65.30. This is a Buy Stop order right above the resistance zone. | An exit @63.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.16 points, which is 3.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
BIT:1NKE (7/25/2025, 7:00:00 PM)
64.45
-0.84 (-1.29%)