BIT:DEMR - Euronext Milan - IE00BDF12W49 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to DEMR. DEMR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
DEMR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
22.26
When analyzing the support we can see 2 important 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 DEMR.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEMR.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | DEMR.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 DEMR.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DEMR.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 59.36 | NEUTRAL | The RSI value for DEMR.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests DEMR.MI has a positive trend. |
Stochastics (14,3) | 94.06 | OVERBOUGHT | The high Stochastics value suggests DEMR.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for DEMR.MI suggests some volalility. |
Average Directional Index/ADX (14) | 16.92 | NEGATIVE | The low ADX value for DEMR.MI suggests a weak or negative trend. |
BIT:DEMR (6/10/2025, 7:00:00 PM)
25.88
+0.45 (+1.79%)