ISHARES EURO STOXX MID CAP (DJMC.MI) Stock Technical Analysis
BIT:DJMC - Euronext Milan - IE00B02KXL92 - ETF - Currency: EUR
Overall DJMC gets a technical rating of 8 out of 10. Although DJMC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: DJMC has an average volume of 819 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DJMC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
DJMC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, DJMC outperforms 63% of them, which is more or less in line with the market.
DJMC has an excellent technical rating, but 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.
More info and screens
61.90
78.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 75.89 to 76.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @69.59 from a trend line in the weekly time frame.
- A support zone ranging from 66.20 to 66.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 63.92 to 64.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.53 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 77.98 to 78.15. 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 DJMC.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DJMC.MI is up. |
| ChartMill Relative Strength | 63.28 | NEUTRAL | DJMC.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DJMC.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DJMC.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DJMC.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.95 | NEUTRAL | The RSI value for DJMC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests DJMC.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.66 | NEUTRAL | The Stochastics value for DJMC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for DJMC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.39 | NEGATIVE | The low ADX value for DJMC.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 78.16 | 75.88 | 2.28 (2.92%) | 25.00% |
| An entry @78.16. This is a Buy Stop order right above the resistance zone. | An exit @75.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.28 points, which is 2.92%. | For a 0.73% 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:DJMC (7/23/2025, 7:00:00 PM)
77.36
+0.88 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.15%
1 Week1.66%
2 Weeks-0.78%
1 Month16.66%
3 Month12.97%
6 Month23.4%
12 Month10.89%
2 Year21.83%
3 Year9.92%
5 Year33.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%1.59%
ATR Inc-15.01%
Range Today0.54
ADR(20)0.43
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.28
Mansfield-1.36
10 Day High78.2
10 Day Low74.98
20 Day High78.2
20 Day Low63.27
52 Week High78.2
52 Week Low56.01
CS1 End76.93
CR1 Start77.98
Volume & EV
DER(3)0%
DER(5)0%
Volume1.96K
Volume Incr115.38%
Vol(5)1.65K
Vol(50)819.78