EUROTECH SPA (ETH.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ETH - IT0003895668 - Common Stock
We assign a technical rating of 0 out of 10 to ETH. ETH 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, ETH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.89, a Stop Loss order could be placed below this zone.
More info and screens
0.86
When analyzing the support we notice one important area.
- A support zone ranging from 0.87 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.01 from a trend line in the weekly time frame.
- Resistance @1.10 from a trend line in the weekly time frame.
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 ETH.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETH.MI is down. |
| ChartMill Relative Strength | 35.44 | NEUTRAL | ETH.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETH.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETH.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ETH.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.47 | NEUTRAL | The RSI value for ETH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ETH.MI has a positive trend. |
| Stochastics (14,3) | 20.18 | NEUTRAL | The Stochastics value for ETH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for ETH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.78 | POSITIVE | The high ADX value value for ETH.MI suggests a strong trend. |
BIT:ETH (11/28/2025, 7:00:00 PM)
0.897
+0.02 (+2.51%)
EUROTECH SPA / ETH.MI FAQ
What is the ChartMill technical rating of EUROTECH SPA (ETH.MI) stock?
ChartMill assigns a technical rating of 0 / 10 to ETH.MI.
Can you provide the trend direction for EUROTECH SPA?
The current trend direction for EUROTECH SPA (ETH.MI) is Bearish.
What is the RSI signal for ETH stock?
EUROTECH SPA (ETH.MI) has an RSI value of 41.4701. This indicates that the stock is currently neutral.
What is the short term momentum for EUROTECH SPA (ETH.MI) stock?
The short term momentum for EUROTECH SPA (ETH.MI) is negative.
What is the buy/sell signal for EUROTECH SPA (ETH.MI) stock?
The buy/sell signal for EUROTECH SPA (ETH.MI) is sell as both the short term and long term trends are negative.