BIT:ARBS - Euronext Milan - IT0005386369 - Common Stock - Currency: EUR
Overall ARBS gets a technical rating of 4 out of 10. In the last year, ARBS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
ARBS has an average technical rating and it also does not offer a high quality setup 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.
2.21
When analyzing the support we notice one important area.
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 ARBS.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARBS.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | ARBS.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARBS.MI is above the rising SMA(20). |
Relative Strength Index/RSI (14) | 64.67 | NEUTRAL | The RSI value for ARBS.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ARBS.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 83.95 | OVERBOUGHT | The high Stochastics value suggests ARBS.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for ARBS.MI suggests some volalility. |
Average Directional Index/ADX (14) | 24.68 | NEUTRAL | The ADX value for ARBS.MI suggests a possible start of a new trend. |
BIT:ARBS (7/18/2025, 7:00:00 PM)
2.56
+0.26 (+11.3%)