BIT:A500 - Euronext Milan - LU1681048804 - ETF - Currency: EUR
Overall A500 gets a technical rating of 4 out of 10. A500 has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is only medium, A500 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
87.99
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for A500.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for A500.MI is up. |
ChartMill Relative Strength | 47.66 | NEUTRAL | A500.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of A500.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of A500.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of A500.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.73 | NEUTRAL | The RSI value for A500.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests A500.MI has a negative trend. |
Stochastics (14,3) | 50.97 | NEUTRAL | The Stochastics value for A500.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for A500.MI suggests low volalility. |
Average Directional Index/ADX (14) | 9.6 | NEGATIVE | The low ADX value for A500.MI suggests a weak or negative trend. |
BIT:A500 (6/18/2025, 7:00:00 PM)
102.94
-0.07 (-0.07%)