BIT:ADB - Euronext Milan - IT0001006128 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to ADB. ADB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, ADB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.39, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
7.20
5 important support areas can be observed.
We can see 3 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 | UP | POSITIVE | The long term trend for ADB.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ADB.MI is neutral. |
ChartMill Relative Strength | 40.53 | NEUTRAL | ADB.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADB.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADB.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ADB.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.3 | NEUTRAL | The RSI value for ADB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ADB.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 43.62 | NEUTRAL | The Stochastics value for ADB.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for ADB.MI suggests low volalility. |
Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for ADB.MI suggests a weak or negative trend. |
BIT:ADB (8/1/2025, 7:00:00 PM)
8.4
+0.04 (+0.48%)