Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
We assign a technical rating of 2 out of 10 to EM. 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.
EM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 0.93, a Stop Loss order could be placed below this zone.
0.86
When analyzing the support we can see 2 important areas.
We can see 4 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for EM.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EM.MI is neutral. |
| ChartMill Relative Strength | 25.68 | NEGATIVE | EM.MI has a low relative strength, it was outperformed by 74.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EM.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EM.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EM.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.92 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 43.16 | NEUTRAL | The Stochastics value for EM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for EM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for EM.MI suggests a possible start of a new trend. |
BIT:EM (1/28/2026, 7:00:00 PM)
0.937
-0.01 (-1.06%)
ChartMill assigns a technical rating of 2 / 10 to EM.MI.
The current trend direction for EMAK SPA (EM.MI) is Bearish.
EMAK SPA (EM.MI) has an RSI value of 48.9218. This indicates that the stock is currently neutral.
The short term momentum for EMAK SPA (EM.MI) is neutral.