BIT:CHINA - Euronext Milan - IE00BKFB6K94 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to CHINA. CHINA was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
CHINA has an average technical rating and it also does not offer a high quality setup 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.
97.84
5 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 CHINA.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHINA.MI is neutral. |
ChartMill Relative Strength | 32.86 | NEUTRAL | CHINA.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHINA.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHINA.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 53.41 | NEUTRAL | The RSI value for CHINA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.69 | POSITIVE | The MACD value suggests CHINA.MI has a positive trend. |
Stochastics (14,3) | 88.16 | OVERBOUGHT | The high Stochastics value suggests CHINA.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for CHINA.MI suggests low volalility. |
Average Directional Index/ADX (14) | 8.57 | NEGATIVE | The low ADX value for CHINA.MI suggests a weak or negative trend. |
BIT:CHINA (7/16/2025, 7:00:00 PM)
113.69
-0.29 (-0.25%)