GX CYBERSECURITY UCITS (BUG.MI) Stock Technical Analysis
BIT:BUG - Euronext Milan - IE00BMH5Y871 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to BUG. Although BUG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BUG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.64, a Stop Loss order could be placed below this zone.
More info and screens
11.66
4 important support areas can be observed.
- A support zone ranging from 13.45 to 13.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.63 from a trend line in the weekly time frame.
- A support zone ranging from 12.28 to 12.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.78 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.77 to 13.96. This zone is formed by a combination of multiple trend lines 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 | 60.01 | 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) | 56.04 | NEUTRAL | The RSI value for BUG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BUG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.25 | OVERBOUGHT | The high Stochastics value suggests BUG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for BUG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.42 | NEGATIVE | The low ADX value for BUG.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 13.97 | 13.44 | 0.53 (3.79%) | 25.00% |
| An entry @13.97. This is a Buy Stop order right above the resistance zone. | An exit @13.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.53 points, which is 3.79%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (5/28/2025, 7:00:00 PM)
13.73
+0.11 (+0.79%)