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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BERMIB is a bad performer in the overall market: 88% of all stocks are doing better.
BERMIB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BERMIB is lagging the market.
In the last month BERMIB has a been trading in the 5.43 - 7.00 range, which is quite wide. It is currently trading near the lows of this range.
BERMIB 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.
More info and screens
5.38
6.92
We found 1 important support area.
- A support zone ranging from 5.43 to 5.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 5.50 to 5.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.91 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.39 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.75 to 6.85. This zone is formed by a combination of multiple trend lines 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 | 12.87 | NEGATIVE | BERMIB.MI has a low relative strength, it was outperformed by 87.13% 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) | 34.21 | NEUTRAL | The RSI value for BERMIB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BERMIB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.39 | OVERSOLD | The low Stochastics value suggests BERMIB.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for BERMIB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.6 | POSITIVE | The high ADX value value for BERMIB.MI suggests a strong 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 (5/27/2025, 7:00:00 PM)
5.493
-0.03 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.47%
1 Week-0.45%
2 Weeks-6.13%
1 Month-20.31%
3 Month-12.01%
6 Month-18.5%
12 Month-26.78%
2 Year-36.51%
3 Year-43.95%
5 Year-66.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.69%
ATR Inc-30.66%
Range Today0.04
ADR(20)0.09
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.87
Mansfield-2.18
10 Day High5.83
10 Day Low5.43
20 Day High7
20 Day Low5.43
52 Week High7.61
52 Week Low5.43
CS1 End5.43
CR1 Start5.5
Volume & EV
DER(3)0%
DER(5)0%
Volume24.38K
Volume Incr-56.16%
Vol(5)245.82K
Vol(50)355.44K