BIT:29GI - Euronext Milan - IE000IHURBR0 - ETF - Currency: EUR
Overall 29GI gets a technical rating of 3 out of 10. In the last year, 29GI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of 29GI 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.
5.11
We found 1 important support area.
When analyzing the resistance we notice one important 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 29GI.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 29GI.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | 29GI.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Relative Strength Index/RSI (14) | 52.79 | NEUTRAL | The RSI value for 29GI.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests 29GI.MI has a positive trend, although the MACD value is declining. |
Average Directional Index/ADX (14) | 12.83 | NEGATIVE | The low ADX value for 29GI.MI suggests a weak or negative trend. |
BIT:29GI (6/17/2025, 7:00:00 PM)
5.168
-0.03 (-0.62%)