BIT:ENV - Euronext Milan - IT0004356751 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to ENV. Although ENV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ENV has an excellent technical rating, it does not present a decent entry opportunity 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.
2.77
We found 3 important support 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 | UP | POSITIVE | The long term trend for ENV.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENV.MI is up. |
ChartMill Relative Strength | 69.03 | NEUTRAL | ENV.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENV.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENV.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ENV.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 75.46 | OVERBOUGHT | The high RSI value suggests ENV.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ENV.MI has a positive trend. |
Stochastics (14,3) | 77.28 | NEUTRAL | The Stochastics value for ENV.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ENV.MI suggests some volalility. |
Average Directional Index/ADX (14) | 33.44 | POSITIVE | The high ADX value value for ENV.MI suggests a strong trend. |
BIT:ENV (8/11/2025, 7:00:00 PM)
3.8
+0.12 (+3.26%)