BIT:BIOT - Euronext Milan - IE00BF0H7608 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to BIOT. In the past year, BIOT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of BIOT is bad and it also does not present a quality setup 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.
8.37
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 | NEUTRAL | NEUTRAL | The long term trend for BIOT.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIOT.MI is neutral. |
ChartMill Relative Strength | 25.96 | NEGATIVE | BIOT.MI has a low relative strength, it was outperformed by 74.04% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIOT.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIOT.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 55.4 | NEUTRAL | The RSI value for BIOT.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BIOT.MI has a positive trend. |
Stochastics (14,3) | 53.18 | NEUTRAL | The Stochastics value for BIOT.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for BIOT.MI suggests some volalility. |
Average Directional Index/ADX (14) | 12.02 | NEGATIVE | The low ADX value for BIOT.MI suggests a weak or negative trend. |
BIT:BIOT (8/5/2025, 7:00:00 PM)
9.943
+0.22 (+2.3%)