L&G BATTERY VALUE-CHAIN (BATT.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BATT - IE00BF0M2Z96 - ETF
Taking everything into account, BATT scores 10 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, BATT is showing a nice and steady performance.
Although BATT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.82 to 25.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.88 to 24.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.82 to 22.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BATT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BATT.MI is up. |
| ChartMill Relative Strength | 88.63 | POSITIVE | BATT.MI has a high relative strength, it outperformed 88.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BATT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BATT.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BATT.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.06 | OVERBOUGHT | The high RSI value suggests BATT.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BATT.MI has a positive trend. |
| Stochastics (14,3) | 88.85 | OVERBOUGHT | The high Stochastics value suggests BATT.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for BATT.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.35 | NEGATIVE | The low ADX value for BATT.MI suggests a weak or negative trend. |
BIT:BATT (1/5/2026, 7:00:00 PM)
26.105
+0.49 (+1.91%)
L&G BATTERY VALUE-CHAIN / BATT.MI FAQ
What is the technical rating for BATT stock?
ChartMill assigns a technical rating of 10 / 10 to BATT.MI.
Can you provide the trend direction for L&G BATTERY VALUE-CHAIN?
The current trend direction for L&G BATTERY VALUE-CHAIN (BATT.MI) is Bullish.
Can you provide the RSI signal for L&G BATTERY VALUE-CHAIN?
L&G BATTERY VALUE-CHAIN (BATT.MI) has an RSI value of 70.0572. This indicates that the stock is currently overbought.
What is the MACD signal for L&G BATTERY VALUE-CHAIN (BATT.MI) stock?
The MACD indicator for L&G BATTERY VALUE-CHAIN (BATT.MI) has a value of 0.0759761, indicating a bearish trend.
What is the short term momentum for BATT stock?
The short term momentum for L&G BATTERY VALUE-CHAIN (BATT.MI) is positive.