BIT:BTP13 - LU1598691050 - ETF
Taking everything into account, BTP13 scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BTP13 is only an average performer.
BTP13 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.
98.78
We found 2 important support areas.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The long term trend for BTP13.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTP13.MI is up. |
ChartMill Relative Strength | 41.12 | NEUTRAL | BTP13.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTP13.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTP13.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTP13.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 63.58 | NEUTRAL | The RSI value for BTP13.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BTP13.MI has a positive trend. |
Stochastics (14,3) | 59.27 | NEUTRAL | The Stochastics value for BTP13.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for BTP13.MI suggests low volalility. |
Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for BTP13.MI suggests a possible start of a new trend. |
BIT:BTP13 (9/5/2025, 7:00:00 PM)
106.59
+0.22 (+0.21%)