BIT:BUG - IE00BMH5Y871 - ETF
Overall BUG gets a technical rating of 0 out of 10. BUG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BUG 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.
12.20
When analyzing the support we notice one important area.
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 BUG.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUG.MI is down. |
ChartMill Relative Strength | 31.79 | NEUTRAL | BUG.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BUG.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BUG.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUG.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 45.08 | NEUTRAL | The RSI value for BUG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BUG.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 56.73 | NEUTRAL | The Stochastics value for BUG.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for BUG.MI suggests low volalility. |
Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for BUG.MI suggests a weak or negative trend. |
BIT:BUG (9/10/2025, 4:53:26 PM)
12.9
-0.21 (-1.57%)