Europe - Euronext Milan - BIT:DEA - IT0005600249 - Common Stock
We assign a technical rating of 3 out of 10 to DEA. In the last year, DEA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, DEA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.11. Right above this resistance zone may be a good entry point.
8.02
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 DEA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DEA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DEA.MI is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 51.48 | NEUTRAL | The RSI value for DEA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests DEA.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.97 | OVERBOUGHT | The high Stochastics value suggests DEA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for DEA.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.12 | POSITIVE | The high ADX value value for DEA.MI suggests a strong trend. |
BIT:DEA (1/2/2026, 7:00:00 PM)
8.1
+0.15 (+1.89%)
ChartMill assigns a technical rating of 3 / 10 to DEA.MI.
The current trend direction for DISTRIBUZIONE ELETTRICA ADRI (DEA.MI) is Bullish.
DISTRIBUZIONE ELETTRICA ADRI (DEA.MI) has an RSI value of 51.4761. This indicates that the stock is currently neutral.
The MACD indicator for DISTRIBUZIONE ELETTRICA ADRI (DEA.MI) has a value of -0.213285, indicating a bearish trend.
DISTRIBUZIONE ELETTRICA ADRI (DEA.MI) has a resistance level at 8.11. Check the full technical report for our detailed analysis of DEA.MI support and resistance levels.