BIT:ECMB - Euronext Milan - IT0005543332 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to ECMB. In the last year, ECMB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of ECMB is bad and it also does not present a 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.
5.05
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 ECMB.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECMB.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | ECMB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ECMB.MI is above a declining SMA(20). |
Relative Strength Index/RSI (14) | 48.38 | NEUTRAL | The RSI value for ECMB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ECMB.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 73.47 | NEUTRAL | The Stochastics value for ECMB.MI is a neutral value. |
Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for ECMB.MI suggests high volalility. |
Average Directional Index/ADX (14) | 29.52 | POSITIVE | The high ADX value value for ECMB.MI suggests a strong trend. |
BIT:ECMB (7/7/2025, 7:00:00 PM)
5.1
+0.18 (+3.66%)