BIT:AZM - Euronext Milan - IT0003261697 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to AZM. Both in the recent history as in the last year, AZM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although AZM has an excellent technical rating, it does not present a decent entry opportunity 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.
20.40
When analyzing the support we can see 4 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 AZM.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZM.MI is up. |
ChartMill Relative Strength | 87.11 | POSITIVE | AZM.MI has a high relative strength, it outperformed 87.11% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AZM.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AZM.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AZM.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 74.46 | OVERBOUGHT | The high RSI value suggests AZM.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests AZM.MI has a positive trend. |
Stochastics (14,3) | 96.58 | OVERBOUGHT | The high Stochastics value suggests AZM.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for AZM.MI suggests low volalility. |
Average Directional Index/ADX (14) | 32.72 | POSITIVE | The high ADX value value for AZM.MI suggests a strong trend. |
BIT:AZM (7/14/2025, 4:06:34 PM)
29.28
-0.09 (-0.31%)