BIT:5SPY - Euronext Milan - XS2399364582 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to 5SPY. 5SPY 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 5SPY is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
2.21
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 5SPY.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 5SPY.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | 5SPY.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Relative Strength Index/RSI (14) | 35.41 | NEUTRAL | The RSI value for 5SPY.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests 5SPY.MI has a positive trend. |
Average Directional Index/ADX (14) | 30.51 | POSITIVE | The high ADX value value for 5SPY.MI suggests a strong trend. |
BIT:5SPY (6/13/2025, 7:00:00 PM)
2.231
+0.45 (+25.38%)