BIT:4BRZ - Euronext Milan - DE000A0Q4R85 - ETF - Currency: EUR
Taking everything into account, 4BRZ scores 3 out of 10 in our technical rating. 4BRZ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, 4BRZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
28.46
When analyzing the support we can see 2 important areas.
We found 1 important resistance 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 4BRZ.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 4BRZ.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | 4BRZ.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Relative Strength Index/RSI (14) | 54.34 | NEUTRAL | The RSI value for 4BRZ.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests 4BRZ.MI has a negative trend. |
Stochastics (14,3) | 81.24 | OVERBOUGHT | The high Stochastics value suggests 4BRZ.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for 4BRZ.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for 4BRZ.MI suggests a weak or negative trend. |
BIT:4BRZ (5/23/2025, 7:00:00 PM)
31.975
-0.5 (-1.54%)