BIT:3SPA - Euronext Milan - XS3069876582 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to 3SPA. 3SPA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of 3SPA is bad and it also does not present a quality setup 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.
3.35
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 3SPA.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3SPA.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | 3SPA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3SPA.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3SPA.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 43.52 | NEUTRAL | The RSI value for 3SPA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests 3SPA.MI has a negative trend. |
Stochastics (14,3) | 8.72 | OVERSOLD | The low Stochastics value suggests 3SPA.MI may be oversold. |
Average True Range in percent/ATR (20) | 47.36 | HIGH VOLATILITY | The high ATR as a percentage value for 3SPA.MI suggests high volalility. |
Average Directional Index/ADX (14) | 26.04 | POSITIVE | The high ADX value value for 3SPA.MI suggests a strong trend. |
BIT:3SPA (8/8/2025, 7:00:00 PM)
3.379
-0.24 (-6.58%)