BIT:DEX - Euronext Milan - IT0005543480 - Common Stock - Currency: EUR
Overall DEX gets a technical rating of 0 out of 10. DEX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, DEX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.69, a Stop Loss order could be placed below this zone.
6.54
When analyzing the support we notice one important area.
We can see 2 important resistance 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 | DOWN | NEGATIVE | The long term trend for DEX.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DEX.MI is down. |
ChartMill Relative Strength | 6.17 | NEGATIVE | DEX.MI has a low relative strength, it was outperformed by 93.83% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DEX.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DEX.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 42.17 | NEUTRAL | The RSI value for DEX.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DEX.MI has a positive trend. |
Stochastics (14,3) | 8.05 | OVERSOLD | The low Stochastics value suggests DEX.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for DEX.MI suggests some volalility. |
Average Directional Index/ADX (14) | 11.82 | NEGATIVE | The low ADX value for DEX.MI suggests a weak or negative trend. |
BIT:DEX (8/6/2025, 7:00:00 PM)
6.72
+0.1 (+1.51%)