ISR IB DEC 29 TERM AC ETF (29GA.MI) Stock Technical Analysis
BIT:29GA - Euronext Milan - IE000SNLFDR7 - ETF - Currency: EUR
Overall 29GA gets a technical rating of 5 out of 10. 29GA 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.
29GA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.24, a Stop Loss order could be placed below this zone.
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5.05
When analyzing the support we notice one important area.
- A support zone ranging from 5.10 to 5.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.25 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 29GA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 29GA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 29GA.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 29GA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 29GA.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.22 | NEUTRAL | The RSI value for 29GA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests 29GA.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.16 | NEUTRAL | The Stochastics value for 29GA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for 29GA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 55.14 | POSITIVE | The high ADX value value for 29GA.MI suggests a strong trend. |
BIT:29GA (7/15/2025, 7:00:00 PM)
5.242
+0 (+0.1%)