AMUND FTSE MIB D-1X INV (BERMIB.MI) Stock Technical Analysis
BIT:BERMIB - Euronext Milan - FR0010446146 - ETF - Currency: EUR
Overall BERMIB gets a technical rating of 0 out of 10. BERMIB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than BERMIB.
BERMIB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BERMIB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
In the last month BERMIB has a been trading in a tight range between 5.39 and 5.71.
Considerably lower volume is observed in the last couple of days.
BERMIB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.44, a Stop Loss order could be placed below this zone.
More info and screens
5.38
6.92
When analyzing the support we notice one important area.
- A support zone ranging from 5.43 to 5.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 5.64 to 5.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.18 from a trend line in the weekly time frame.
- Resistance @6.48 from a trend line in the weekly time frame.
- Resistance @6.63 from a trend line in the daily time frame.
- Resistance @6.85 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BERMIB.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BERMIB.MI is down. |
| ChartMill Relative Strength | 10.13 | NEGATIVE | BERMIB.MI has a low relative strength, it was outperformed by 89.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BERMIB.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BERMIB.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BERMIB.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.71 | NEUTRAL | The RSI value for BERMIB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BERMIB.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.87 | NEUTRAL | The Stochastics value for BERMIB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for BERMIB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for BERMIB.MI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:BERMIB (7/21/2025, 7:00:00 PM)
5.484
-0.06 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.05%
1 Week-1.84%
2 Weeks-0.87%
1 Month-3.74%
3 Month-7.41%
6 Month-18.73%
12 Month-25.36%
2 Year-27.84%
3 Year-48.22%
5 Year-63.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.35%
ATR Inc-27.36%
Range Today0.04
ADR(20)0.04
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.13
Mansfield-2.48
10 Day High5.71
10 Day Low5.39
20 Day High5.71
20 Day Low5.39
52 Week High7.39
52 Week Low5.39
CS1 End5.44
CR1 Start5.64
Volume & EV
DER(3)0%
DER(5)0%
Volume83.75K
Volume Incr-38.99%
Vol(5)121.41K
Vol(50)355.62K