
Europe - Euronext Milan - BIT:500X - IE00BH4GPZ28 - ETF
Taking everything into account, 500X scores 7 out of 10 in our technical rating. Although 500X is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although 500X has an excellent technical rating, it does not offer a high 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.
33.02
We found 5 important support areas.
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 500X.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 500X.MI is up. |
| ChartMill Relative Strength | 41.45 | NEUTRAL | 500X.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.96 | NEUTRAL | The RSI value for 500X.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests 500X.MI has a positive trend. |
| Stochastics (14,3) | 85.18 | OVERBOUGHT | The high Stochastics value suggests 500X.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for 500X.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.2 | NEGATIVE | The low ADX value for 500X.MI suggests a weak or negative trend. |
BIT:500X (1/5/2026, 7:00:00 PM)
42.735
+0.55 (+1.29%)
ChartMill assigns a technical rating of 7 / 10 to 500X.MI.
The current trend direction for SPDR S&P 500 LDRS UC ETF-USD (500X.MI) is Bullish.
SPDR S&P 500 LDRS UC ETF-USD (500X.MI) has an RSI value of 62.9552. This indicates that the stock is currently neutral.
The buy/sell signal for SPDR S&P 500 LDRS UC ETF-USD (500X.MI) is buy as both the short term and long term trends are positive.
SPDR S&P 500 LDRS UC ETF-USD (500X.MI) has a support level at 42.52 and a resistance level at 42.74. Check the full technical report for our detailed analysis of 500X.MI support and resistance levels.