BIT:ANX - Euronext Milan - LU1681038243 - ETF - Currency: EUR
Overall ANX gets a technical rating of 6 out of 10. In the last year, ANX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ANX 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 213.65, a Stop Loss order could be placed below this zone.
180.83
4 important support areas can be observed.
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 | UP | POSITIVE | The long term trend for ANX.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANX.MI is up. |
ChartMill Relative Strength | 51.77 | NEUTRAL | ANX.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANX.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANX.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of ANX.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.23 | NEUTRAL | The RSI value for ANX.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests ANX.MI has a negative trend. |
Stochastics (14,3) | 47.1 | NEUTRAL | The Stochastics value for ANX.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for ANX.MI suggests low volalility. |
Average Directional Index/ADX (14) | 11.32 | NEGATIVE | The low ADX value for ANX.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
216.49 | 213.25 | 3.24 (1.50%) | 25.00% |
An entry @216.49. This is a Buy Stop order right above the 10 day moving average. | An exit @213.25. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.24 points, which is 1.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
BIT:ANX (6/19/2025, 7:00:00 PM)
213.66
-2.39 (-1.11%)