BIT:1RNO - Euronext Milan - FR0000131906 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to 1RNO. 1RNO 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 1RNO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
35.63
When analyzing the support we can see 2 important areas.
We can see 2 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 | NEUTRAL | NEUTRAL | The long term trend for 1RNO.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1RNO.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | 1RNO.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1RNO.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 1RNO.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 38.51 | NEUTRAL | The RSI value for 1RNO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests 1RNO.MI has a negative trend. |
Stochastics (14,3) | 26.14 | NEUTRAL | The Stochastics value for 1RNO.MI is a neutral value. |
Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for 1RNO.MI suggests high volalility. |
Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for 1RNO.MI suggests a weak or negative trend. |
BIT:1RNO (6/17/2025, 7:00:00 PM)
39.1
-5.35 (-12.04%)