WT GOLD (BULL.MI) Stock Technical Analysis
BIT:BULL - Euronext Milan - GB00B15KXX56 - ETF - Currency: EUR
Overall BULL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BULL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BULL has an average volume of 5375 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BULL did better than 89% of all other stocks. We also observe that the gains produced by BULL over the past year are nicely spread over this period.
BULL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BULL is performing more or less in line with the market.
In the last month BULL has a been trading in the 27.49 - 30.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, BULL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 28.70, a Stop Loss order could be placed below this zone.
More info and screens
20.95
30.53
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.60 to 28.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.03 to 27.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.56 from a horizontal line in the daily time frame.
- Support @21.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.53 to 30.23. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for BULL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BULL.MI is up. |
| ChartMill Relative Strength | 89.83 | POSITIVE | BULL.MI has a high relative strength, it outperformed 89.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BULL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BULL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BULL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | NEUTRAL | The RSI value for BULL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BULL.MI has a negative trend. |
| Stochastics (14,3) | 60.99 | NEUTRAL | The Stochastics value for BULL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for BULL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for BULL.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 |
|---|---|---|---|
| 30.24 | 28.59 | 1.65 (5.46%) | 18.33% |
| An entry @30.24. This is a Buy Stop order right above the resistance zone. | An exit @28.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.65 points, which is 5.46%. | For a 1.00% total portfolio risk, you can invest 18.33% 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:BULL (5/29/2025, 7:00:00 PM)
29.379
-0.18 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.6%
1 Week0.05%
2 Weeks-0.66%
1 Month6.55%
3 Month5.19%
6 Month13.84%
12 Month51.8%
2 Year53.91%
3 Year58.21%
5 Year65.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%1.99%
ATR Inc-43.18%
Range Today0.27
ADR(20)0.37
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.83
Mansfield1.27
10 Day High30.3
10 Day Low28.19
20 Day High30.49
20 Day Low27.49
52 Week High30.49
52 Week Low19.34
CS1 End28.7
CR1 Start29.53
Volume & EV
DER(3)0%
DER(5)0%
Volume1.43K
Volume Incr-57.47%
Vol(5)2.55K
Vol(50)5.38K