BIT:ART - Euronext Milan - IT0005528937 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to ART. ART scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ART 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.
0.37
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 | NEUTRAL | NEUTRAL | The long term trend for ART.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ART.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | ART.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ART.MI is above a declining SMA(20). |
Relative Strength Index/RSI (14) | 39.2 | NEUTRAL | The RSI value for ART.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ART.MI has a positive trend. |
Stochastics (14,3) | 40.42 | NEUTRAL | The Stochastics value for ART.MI is a neutral value. |
Average True Range in percent/ATR (20) | 10.42 | HIGH VOLATILITY | The high ATR as a percentage value for ART.MI suggests high volalility. |
Average Directional Index/ADX (14) | 40.5 | POSITIVE | The high ADX value value for ART.MI suggests a strong trend. |
BIT:ART (5/30/2025, 7:00:00 PM)
0.372
+0.06 (+18.47%)