BIT:ARN - Euronext Milan - IT0004720733 - Common Stock - Currency: EUR
Taking everything into account, ARN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARN is showing a nice and steady performance.
Although ARN has an excellent technical rating, it 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.
15.05
When analyzing the support we can see 3 important areas.
We found 1 important resistance 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 ARN.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARN.MI is up. |
ChartMill Relative Strength | 87.28 | POSITIVE | ARN.MI has a high relative strength, it outperformed 87.28% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARN.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARN.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARN.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.81 | NEUTRAL | The RSI value for ARN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests ARN.MI has a negative trend. |
Stochastics (14,3) | 15.37 | OVERSOLD | The low Stochastics value suggests ARN.MI may be oversold. |
Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ARN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 37.75 | POSITIVE | The high ADX value value for ARN.MI suggests a strong trend. |
BIT:ARN (7/25/2025, 7:00:00 PM)
20.35
-0.85 (-4.01%)