BIT:BULL - Euronext Milan - GB00B15KXX56 - ETF - Currency: EUR
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.
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.
21.19
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for BULL.MI is neutral. |
ChartMill Relative Strength | 75.33 | POSITIVE | BULL.MI has a high relative strength, it outperformed 75.33% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BULL.MI is below a declining 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) | 51.13 | NEUTRAL | The RSI value for BULL.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BULL.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 50.74 | NEUTRAL | The Stochastics value for BULL.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for BULL.MI suggests low volalility. |
Average Directional Index/ADX (14) | 9.33 | NEGATIVE | The low ADX value for BULL.MI suggests a weak or negative trend. |
BIT:BULL (8/1/2025, 7:00:00 PM)
29.134
+0.33 (+1.13%)