WT PETROLEUM (AIGO.MI) Stock Technical Analysis
BIT:AIGO - Euronext Milan - GB00B15KYC19 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to AIGO. Although AIGO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month AIGO has a been trading in the 14.80 - 20.63 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AIGO has an average volume of 969 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, AIGO did better than 98% of all other stocks.
AIGO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AIGO is lagging the market slightly.
AIGO has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
14.68
20.35
When analyzing the support we notice one important area.
- A support zone ranging from 14.83 to 14.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.78 to 15.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.15 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for AIGO.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIGO.MI is down. |
| ChartMill Relative Strength | 98.64 | POSITIVE | AIGO.MI has a high relative strength, it outperformed 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIGO.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AIGO.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.86 | NEUTRAL | The RSI value for AIGO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests AIGO.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.75 | OVERSOLD | The low Stochastics value suggests AIGO.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for AIGO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20 | NEGATIVE | The low ADX value for AIGO.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:AIGO (5/21/2025, 7:00:00 PM)
15.748
-0.14 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.87%
1 Week3.62%
2 Weeks-8.4%
1 Month-23.37%
3 Month-2.48%
6 Month-12.31%
12 Month220.44%
2 Year4.53%
3 Year53.25%
5 Year39.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%3.83%
ATR Inc-11.32%
Range Today0.09
ADR(20)0.27
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.64
Mansfield-1.11
10 Day High17.53
10 Day Low14.8
20 Day High20.63
20 Day Low14.8
52 Week High20.64
52 Week Low5.12
CS1 End14.83
CR1 Start15.78
Volume & EV
DER(3)0%
DER(5)0%
Volume330
Volume Incr-10.08%
Vol(5)1.02K
Vol(50)969.06