Europe - BIT:ACE - IT0001207098 - Common Stock
We assign a technical rating of 0 out of 10 to ACE. ACE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ACE 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. There is a support zone below the current price at 19.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ACE in the last couple of days, which is a good sign.
16.69
We found 4 important support areas.
We can see 2 important resistance 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 ACE.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACE.MI is down. |
ChartMill Relative Strength | 36.58 | NEUTRAL | ACE.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACE.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ACE.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACE.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 42.61 | NEUTRAL | The RSI value for ACE.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ACE.MI has a negative trend. |
Stochastics (14,3) | 29.4 | NEUTRAL | The Stochastics value for ACE.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for ACE.MI suggests low volalility. |
Average Directional Index/ADX (14) | 21.75 | NEUTRAL | The ADX value for ACE.MI suggests a possible start of a new trend. |
BIT:ACE (9/12/2025, 2:34:05 PM)
19.81
+0.29 (+1.49%)