FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) Stock Technical Analysis
BIT:BLOK • IE00BF5DXP42
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.
- Warning: BLOK has an average volume of 1346 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.
- Looking at the yearly performance, BLOK did better than 71% of all other stocks. We also observe that the gains produced by BLOK over the past year are nicely spread over this period.
- BLOK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- BLOK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BLOK has an excellent technical rating, but the quality of the setup is only medium 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
35.23
We found 4 important support areas.
- A support zone ranging from 41.60 to 42.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.75 to 40.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 39.39 to 39.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.59 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.34 to 43.34. 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 | 71.84 | POSITIVE | BLOK.MI has a high relative strength, it outperformed 71.84% 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) | 60.08 | NEUTRAL | The RSI value for BLOK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BLOK.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.69 | NEUTRAL | The Stochastics value for BLOK.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for BLOK.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for BLOK.MI suggests a possible start of a new trend. |
BIT:BLOK (2/18/2026, 7:00:00 PM)
42.8
+0.68 (+1.63%)
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.
What is the trend direction for BLOK stock?
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 60.0755. This indicates that the stock is currently neutral.
What is the MACD signal for BLOK stock?
The MACD indicator for FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) has a value of -0.110207, indicating a bearish trend.
Can you provide the short term momentum for FT INDXX INNOV TRNSACT&PROCS?
The short term momentum for FT INDXX INNOV TRNSACT&PROCS (BLOK.MI) is positive.