GX CYBERSECURITY UCITS (BUG.MI) Stock Technical Analysis
BIT:BUG - Euronext Milan - IE00BMH5Y871 - ETF - Currency: EUR
Taking everything into account, BUG scores 6 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, BUG is only an average performer.
Warning: BUG has an average volume of 966 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.
BUG 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.
When comparing the performance of all stocks over the past year, BUG turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
BUG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BUG is lagging the market slightly.
Although the technical rating is only medium, BUG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 13.89. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.66
14.12
We found 5 important support areas.
- A support zone ranging from 13.47 to 13.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.74 from a trend line in the weekly time frame.
- A support zone ranging from 12.32 to 12.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.11 from a trend line in the daily time frame.
- Support @11.78 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.89 to 13.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 BUG.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUG.MI is up. |
| ChartMill Relative Strength | 58.84 | NEUTRAL | BUG.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUG.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BUG.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.46 | NEUTRAL | The RSI value for BUG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BUG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.91 | NEUTRAL | The Stochastics value for BUG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for BUG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for BUG.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.99 | 13.48 | 0.51 (3.67%) | 25.00% |
| An entry @13.99. This is a Buy Stop order right above the resistance zone. | An exit @13.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.51 points, which is 3.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:BUG (6/20/2025, 7:00:00 PM)
13.784
-0.23 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.63%
1 Week-1.4%
2 Weeks1.26%
1 Month4.71%
3 Month-0.03%
6 Month-2.07%
12 Month8.89%
2 Year41.48%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.57%
ATR Inc-5.39%
Range Today0
ADR(20)0.13
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.84
Mansfield-0.1
10 Day High14.11
10 Day Low13.49
20 Day High14.11
20 Day Low13.21
52 Week High15.64
52 Week Low11.08
CS1 End13.7
CR1 Start13.89
Volume & EV
DER(3)0%
DER(5)0%
Volume75
Volume Incr155.45%
Vol(5)1.39K
Vol(50)966.36