INVESCO GLOB BUYBACK ACHIEVE (BUYB.MI) Stock Technical Analysis
BIT:BUYB - Euronext Milan - IE00BLSNMW37 - ETF - Currency: EUR
Taking everything into account, BUYB scores 5 out of 10 in our technical rating. In the last year, BUYB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BUYB has an average technical rating and also the quality of the setup is only medium 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.
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44.38
We found 2 important support areas.
- Support @45.94 from a trend line in the weekly time frame.
- Support @44.83 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.65 to 53.86. This zone is formed by a combination of multiple trend lines 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 BUYB.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUYB.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BUYB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUYB.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BUYB.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for BUYB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests BUYB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.68 | OVERBOUGHT | The high Stochastics value suggests BUYB.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for BUYB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for BUYB.MI suggests a weak or negative trend. |
BIT:BUYB (7/11/2025, 7:00:00 PM)
53.03
+0.93 (+1.79%)