ISHARES DIGITALISATION (DGTL.MI) Stock Technical Analysis
BIT:DGTL - Euronext Milan - IE00BYZK4883 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to DGTL. DGTL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, DGTL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 9.91, a Stop Loss order could be placed below this zone.
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8.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.50 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.69 from a trend line in the weekly time frame.
- Support @8.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.88 to 10.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DGTL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DGTL.MI is up. |
| ChartMill Relative Strength | 67.74 | NEUTRAL | DGTL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DGTL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DGTL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DGTL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.99 | NEUTRAL | The RSI value for DGTL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DGTL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.72 | OVERBOUGHT | The high Stochastics value suggests DGTL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for DGTL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.48 | NEGATIVE | The low ADX value for DGTL.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.98 | 9.62 | 0.36 (3.65%) | 25.00% |
| An entry @9.98. This is a Buy Stop order right above the 10 day high. | An exit @9.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.36 points, which is 3.65%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:DGTL (7/24/2025, 7:00:00 PM)
9.922
+0.01 (+0.14%)