BIT:DEM - Euronext Milan - IE00BQQ3Q067 - ETF - Currency: EUR
Taking everything into account, DEM scores 6 out of 10 in our technical rating. DEM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
DEM has an average technical rating and the quality of the presented setup is also 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.
11.83
When analyzing the support we can see 3 important areas.
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 DEM.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEM.MI is up. |
ChartMill Relative Strength | 40.19 | NEUTRAL | DEM.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DEM.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DEM.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DEM.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 59.82 | NEUTRAL | The RSI value for DEM.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DEM.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 91.3 | OVERBOUGHT | The high Stochastics value suggests DEM.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for DEM.MI suggests low volalility. |
Average Directional Index/ADX (14) | 16.08 | NEGATIVE | The low ADX value for DEM.MI suggests a weak or negative trend. |
BIT:DEM (7/18/2025, 7:00:00 PM)
14.124
+0.1 (+0.73%)