BIT:BTECH - Euronext Milan - IE000RWFQT12 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to BTECH. BTECH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BTECH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
91.09
We can see 2 important resistance areas.
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 BTECH.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTECH.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | BTECH.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTECH.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTECH.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 38.66 | NEUTRAL | The RSI value for BTECH.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests BTECH.MI has a positive trend. |
Stochastics (14,3) | 31.78 | NEUTRAL | The Stochastics value for BTECH.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BTECH.MI suggests some volalility. |
Average Directional Index/ADX (14) | 36.1 | POSITIVE | The high ADX value value for BTECH.MI suggests a strong trend. |
BIT:BTECH (5/28/2025, 7:00:00 PM)
92.01
+2.36 (+2.63%)