BIT:500H - Euronext Milan - LU1681049109 - ETF - Currency: EUR
Taking everything into account, 500H scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 500H is only an average performer.
500H has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 149.39, a Stop Loss order could be placed below this zone.
129.32
We found 2 important support 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 500H.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 500H.MI is up. |
ChartMill Relative Strength | 66.46 | NEUTRAL | 500H.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of 500H.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 500H.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 500H.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.71 | NEUTRAL | The RSI value for 500H.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests 500H.MI has a negative trend. |
Stochastics (14,3) | 27.25 | NEUTRAL | The Stochastics value for 500H.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for 500H.MI suggests low volalility. |
Average Directional Index/ADX (14) | 33.98 | POSITIVE | The high ADX value value for 500H.MI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
151.92 | 149.38 | 2.54 (1.68%) | 25.00% |
An entry @151.92. This is a Buy Stop order right above the 10 day moving average. | An exit @149.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.54 points, which is 1.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
BIT:500H (8/5/2025, 7:00:00 PM)
150.8
-0.33 (-0.22%)