Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
Taking everything into account, EM scores 0 out of 10 in our technical rating. EM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, EM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.91, a Stop Loss order could be placed below this zone.
0.86
We found 2 important support areas.
When analyzing the resistance we notice 2 important 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 EM.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EM.MI is down. |
| ChartMill Relative Strength | 27.8 | NEGATIVE | EM.MI has a low relative strength, it was outperformed by 72.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EM.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EM.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EM.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.01 | NEUTRAL | The RSI value for EM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EM.MI has a positive trend. |
| Stochastics (14,3) | 32.64 | NEUTRAL | The Stochastics value for EM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for EM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.19 | NEUTRAL | The ADX value for EM.MI suggests a possible start of a new trend. |
BIT:EM (12/19/2025, 5:29:47 PM)
0.913
+0.02 (+2.01%)
ChartMill assigns a technical rating of 0 / 10 to EM.MI.
The current trend direction for EMAK SPA (EM.MI) is Bearish.
EMAK SPA (EM.MI) has an RSI value of 46.01. This indicates that the stock is currently neutral.
The MACD indicator for EMAK SPA (EM.MI) has a value of 0.00223602, indicating a bearish trend.
EMAK SPA (EM.MI) has a support level at 0.91 and a resistance level at 1. Check the full technical report for our detailed analysis of EM.MI support and resistance levels.