EUROTECH SPA (ETH.MI) Stock Technical Analysis
BIT:ETH - Euronext Milan - IT0003895668 - Common Stock - Currency: EUR
Overall ETH gets a technical rating of 4 out of 10. In the past year, ETH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
72% of all other stocks performed better in the past year than ETH.
ETH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ETH has a been trading in the 0.77 - 0.84 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ETH is part of the Technology Hardware, Storage & Peripherals industry. There are 29 other stocks in this industry, ETH did better than 60% of them.
Considerably lower volume is observed in the last couple of days.
ETH has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
0.77
1.12
When analyzing the support we can see 2 important areas.
- Support @0.85 from a trend line in the weekly time frame.
- A support zone ranging from 0.78 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.11 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for ETH.MI is up. |
| ChartMill Relative Strength | 28.53 | NEGATIVE | ETH.MI has a low relative strength, it was outperformed by 71.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETH.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETH.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETH.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.27 | 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) | 73.23 | NEUTRAL | The Stochastics value for ETH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ETH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.8 | POSITIVE | The high ADX value value for ETH.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:ETH (6/26/2025, 10:28:03 AM)
0.851
+0.01 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.19%
1 Week5.65%
2 Weeks3.32%
1 Month1.2%
3 Month14.89%
6 Month9.51%
12 Month-25.97%
2 Year-69.53%
3 Year-70.28%
5 Year-84.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%2.59%
ATR Inc81.4%
Range Today0
ADR(20)0.02
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.53
Mansfield-1.23
10 Day High0.84
10 Day Low0.77
20 Day High0.84
20 Day Low0.77
52 Week High1.36
52 Week Low0.65
CS1 End0.8
CR1 Start0.85
Volume & EV
DER(3)0%
DER(5)0%
Volume103
Volume Incr-32.38%
Vol(5)62.99K
Vol(50)119.67K