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WT GOLD (BULL.MI) Stock Technical Analysis

BIT:BULL - Euronext Milan - GB00B15KXX56 - ETF - Currency: EUR

29.134  +0.33 (+1.13%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to BULL. In the last year, BULL was one of the better performers, but we do observe some doubts in the very recent evolution.

Warning: BULL has an average volume of 4454 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BULL is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, BULL also shows a nice and consistent pattern of rising prices.
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 28.23 - 30.14 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.
Weekly and Daily overview Charts
WT GOLD / BULL Weekly stock chart
WT GOLD / BULL Daily stock chart
Setup Rating and Analysis

4

Although BULL has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

21.19

30.53

3 important support areas can be observed.

  • A support zone ranging from 28.30 to 28.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @27.57 from a horizontal line in the daily time frame.
  • Support @21.40 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 29.90 to 30.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BULL.MI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BULL.MI is neutral.
ChartMill Relative Strength75.33POSITIVEBULL.MI has a high relative strength, it outperformed 75.33% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BULL.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BULL.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BULL.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)51.13NEUTRALThe RSI value for BULL.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests BULL.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)50.74NEUTRALThe Stochastics value for BULL.MI is a neutral value.
Average True Range in percent/ATR (20)1.27LOW VOLATILITYThe low ATR as a percentage value for BULL.MI suggests low volalility.
Average Directional Index/ADX (14)9.33NEGATIVEThe low ADX value for BULL.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
WT GOLD / BULL Daily stock chart

WT GOLD

BIT:BULL (8/1/2025, 7:00:00 PM)

29.134

+0.33 (+1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.13%
1 Week0.69%
2 Weeks2.13%
1 Month-2.36%
3 Month3.22%
6 Month11.72%
12 Month31.47%
2 Year57.04%
3 Year62.61%
5 Year56.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.27%
ATR Inc30.57%
Range Today0.24
ADR(20)0.23
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.33
Mansfield0.27
10 Day High29.49
10 Day Low28.23
20 Day High30.14
20 Day Low28.23
52 Week High30.49
52 Week Low21.95
CS1 End28.96
CR1 Start29.9
Volume & EV
DER(3)0%
DER(5)0%
Volume514
Volume Incr-29.78%
Vol(5)2.44K
Vol(50)4.45K