BIT:AZM - Euronext Milan - IT0003261697 - Common Stock - Currency: EUR
Taking everything into account, AZM scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AZM is only an average performer.
Although AZM has an excellent technical rating, the quality of the presented setup is not ideal 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
3 important support areas can be observed.
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 AZM.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AZM.MI is up. |
ChartMill Relative Strength | 52.87 | NEUTRAL | AZM.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of AZM.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AZM.MI is above a declining 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) | 52.58 | NEUTRAL | The RSI value for AZM.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests AZM.MI has a negative trend. |
Stochastics (14,3) | 28.26 | NEUTRAL | The Stochastics value for AZM.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for AZM.MI suggests some volalility. |
Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for AZM.MI suggests a weak or negative trend. |
BIT:AZM (5/29/2025, 7:00:00 PM)
25.82
-0.01 (-0.04%)