AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BTP2S - FR0011023621 - ETF
Overall BTP2S gets a technical rating of 0 out of 10. BTP2S scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BTP2S has a poor technical rating and the quality of the setup is also 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
16.81
2 important support areas can be observed.
- A support zone ranging from 17.29 to 17.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.98 to 16.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.61 to 18.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.95 to 19.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.01 to 20.06. 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 | DOWN | NEGATIVE | The long term trend for BTP2S.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BTP2S.MI is down. |
| ChartMill Relative Strength | 20.08 | NEGATIVE | BTP2S.MI has a low relative strength, it was outperformed by 79.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTP2S.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BTP2S.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BTP2S.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.33 | NEUTRAL | The RSI value for BTP2S.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BTP2S.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.97 | NEUTRAL | The Stochastics value for BTP2S.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for BTP2S.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.83 | NEGATIVE | The low ADX value for BTP2S.MI suggests a weak or negative trend. |
BIT:BTP2S (12/8/2025, 7:00:00 PM)
17.576
+0.33 (+1.91%)
AMUNDI ITALY BTP DAILY -2X I / BTP2S.MI FAQ
What is the ChartMill technical rating of AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) stock?
ChartMill assigns a technical rating of 0 / 10 to BTP2S.MI.
What is the current trend direction of AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) stock?
The current trend direction for AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) is Bearish.
What is the RSI signal for AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) stock?
AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) has an RSI value of 48.3349. This indicates that the stock is currently neutral.
What is the MACD signal for AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) stock?
The MACD indicator for AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) has a value of -0.0064933, indicating a bearish trend.
What is the buy/sell signal for AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) stock?
The buy/sell signal for AMUNDI ITALY BTP DAILY -2X I (BTP2S.MI) is sell as both the short term and long term trends are negative.