BIT:DEM - Euronext Milan - IE00BQQ3Q067 - ETF - Currency: EUR
Taking everything into account, DEM scores 4 out of 10 in our technical rating. In the last year, DEM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
DEM 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.
11.83
We found 3 important support areas.
We found 1 important resistance 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 | 52.39 | NEUTRAL | DEM.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DEM.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DEM.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DEM.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 57.23 | NEUTRAL | The RSI value for DEM.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests DEM.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 93.45 | OVERBOUGHT | The high Stochastics value suggests DEM.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for DEM.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for DEM.MI suggests a weak or negative trend. |
BIT:DEM (6/17/2025, 12:46:34 PM)
13.956
-0.07 (-0.47%)