ISHARES EURO STOXX MID CAP (DJMC.MI) Stock Technical Analysis
BIT:DJMC - Euronext Milan - IE00B02KXL92 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to DJMC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DJMC is only an average performer.
Warning: DJMC has an average volume of 780 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
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 61% of them, which is more or less in line with the market.
Besides having an excellent technical rating, DJMC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
61.83
78.93
5 important support areas can be observed.
- Support @75.89 from a horizontal line in the daily time frame.
- Support @69.59 from a trend line in the weekly time frame.
- A support zone ranging from 66.08 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 @62.45 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.99 to 78.15. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 61.26 | 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) | 58.42 | NEUTRAL | The RSI value for DJMC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests DJMC.MI has a negative trend. |
| Stochastics (14,3) | 54.45 | NEUTRAL | The Stochastics value for DJMC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | 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 |
|---|---|---|---|
| 77.00 | 75.88 | 1.12 (1.45%) | 25.00% |
| An entry @77.00. This is a Buy Stop order right above the 10 day moving average. | An exit @75.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.12 points, which is 1.45%. | For a 0.36% 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 (7/14/2025, 7:00:00 PM)
76.48
+0.37 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.49%
1 Week-1.42%
2 Weeks0.49%
1 Month6.34%
3 Month11.68%
6 Month22%
12 Month9.63%
2 Year20.44%
3 Year8.67%
5 Year32.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.92%
ATR Inc-68.81%
Range Today0.31
ADR(20)0.4
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.26
Mansfield-1.31
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 End75.89
CR1 Start76.99
Volume & EV
DER(3)0%
DER(5)0%
Volume566
Volume Incr58.61%
Vol(5)1.39K
Vol(50)780.78