FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) Stock Technical Analysis
BIT:BLOK - Euronext Milan - IE00BF5DXP42 - ETF - Currency: EUR
Taking everything into account, BLOK scores 9 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, BLOK is showing a nice and steady performance.
Warning: BLOK has an average volume of 1588 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BLOK is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by BLOK over the past year are nicely spread over this period.
BLOK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BLOK is performing more or less in line with the market.
In the last month BLOK has a been trading in the 31.93 - 37.34 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
BLOK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
24.57
38.85
4 important support areas can be observed.
- Support @33.06 from a trend line in the weekly time frame.
- A support zone ranging from 32.08 to 32.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.37 from a horizontal line in the daily time frame.
- Support @24.82 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 36.81 to 37.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.25 to 38.47. 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 | 75.62 | POSITIVE | BLOK.MI has a high relative strength, it outperformed 75.62% 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) | 56.44 | NEUTRAL | The RSI value for BLOK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests BLOK.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.17 | OVERBOUGHT | The high Stochastics value suggests BLOK.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for BLOK.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.87 | NEGATIVE | The low ADX value for BLOK.MI suggests a weak or negative 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:BLOK (6/16/2025, 7:00:00 PM)
36.8
+0.02 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week0.4%
2 Weeks-0.12%
1 Month17.27%
3 Month-3.53%
6 Month6.31%
12 Month28.74%
2 Year36.37%
3 Year42.53%
5 Year109.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.01%
ATR Inc-28.49%
Range Today0.39
ADR(20)0.45
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.62
Mansfield0.17
10 Day High37.33
10 Day Low36.13
20 Day High37.34
20 Day Low31.94
52 Week High38.57
52 Week Low28.26
CS1 End33.06
CR1 Start36.81
Volume & EV
DER(3)0%
DER(5)0%
Volume1.97K
Volume Incr-29.86%
Vol(5)621.6
Vol(50)1.59K