BIT:1T - Euronext Milan - US00206R1023 - Common Stock - Currency: EUR
Overall 1T gets a technical rating of 4 out of 10. 1T has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
1T has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
23.14
We found 1 important support area.
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 1T.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1T.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | 1T.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1T.MI is above the rising SMA(20). |
Relative Strength Index/RSI (14) | 61.41 | NEUTRAL | The RSI value for 1T.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests 1T.MI has a negative trend. |
Stochastics (14,3) | 68.54 | NEUTRAL | The Stochastics value for 1T.MI is a neutral value. |
Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for 1T.MI suggests some volalility. |
Average Directional Index/ADX (14) | 49.96 | POSITIVE | The high ADX value value for 1T.MI suggests a strong trend. |
BIT:1T (5/19/2025, 7:00:00 PM)
24.825
+1.31 (+5.57%)