FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BLOK - IE00BF5DXP42 - ETF
We assign a technical rating of 10 out of 10 to BLOK. Both in the recent history as in the last year, BLOK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BLOK has an excellent technical rating, it does not present a decent entry opportunity 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
32.54
4 important support areas can be observed.
- A support zone ranging from 41.27 to 41.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.10 to 40.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.99 from a trend line in the weekly time frame.
- A support zone ranging from 32.87 to 33.03. 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 BLOK.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BLOK.MI is up. |
| ChartMill Relative Strength | 75.44 | POSITIVE | BLOK.MI has a high relative strength, it outperformed 75.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLOK.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLOK.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLOK.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.56 | NEUTRAL | The RSI value for BLOK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BLOK.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.73 | NEUTRAL | The Stochastics value for BLOK.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for BLOK.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for BLOK.MI suggests a possible start of a new trend. |
BIT:BLOK (12/22/2025, 7:00:00 PM)
41.435
+0.44 (+1.06%)
FT INDXX INNOV TRNSACT&PROCS / BLOK.MI FAQ
What is the ChartMill technical rating of FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) stock?
ChartMill assigns a technical rating of 10 / 10 to BLOK.MI.
Can you provide the trend direction for FT INDXX INNOV TRNSACT&PROCS?
The current trend direction for FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) is Bullish.
Can you provide the RSI signal for FT INDXX INNOV TRNSACT&PROCS?
FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) has an RSI value of 61.5588. This indicates that the stock is currently neutral.
What is the buy/sell signal for FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) stock?
The buy/sell signal for FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BLOK stock?
FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) has a support level at 40.57 and a resistance level at 41.27. Check the full technical report for our detailed analysis of BLOK.MI support and resistance levels.