BIT:500H - Euronext Milan - LU1681049109 - ETF - Currency: EUR
Taking everything into account, 500H scores 8 out of 10 in our technical rating. Although 500H is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, 500H also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 150.77. Right above this resistance zone may be a good entry point.
128.27
2 important support areas can be observed.
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 500H.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 500H.MI is up. |
ChartMill Relative Strength | 73.94 | POSITIVE | 500H.MI has a high relative strength, it outperformed 73.94% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 500H.MI is above 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) | 69.48 | NEUTRAL | The RSI value for 500H.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests 500H.MI has a negative trend. |
Stochastics (14,3) | 87.99 | OVERBOUGHT | The high Stochastics value suggests 500H.MI may be overbought. |
Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for 500H.MI suggests low volalility. |
Average Directional Index/ADX (14) | 33.15 | 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 |
---|---|---|---|
150.78 | 148.42 | 2.36 (1.57%) | 25.00% |
An entry @150.78. This is a Buy Stop order right above the resistance zone. | An exit @148.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.36 points, which is 1.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
BIT:500H (7/17/2025, 7:00:00 PM)
150.76
+1.29 (+0.86%)