EUROTECH SPA (ETH.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ETH - IT0003895668 - Common Stock
We assign a technical rating of 6 out of 10 to ETH. Although ETH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
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3 important support areas can be observed.
- A support zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.96 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.13 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ETH.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETH.MI is up. |
| ChartMill Relative Strength | 36.31 | NEUTRAL | ETH.MI is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ETH.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETH.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.4 | NEUTRAL | The RSI value for ETH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ETH.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for ETH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | 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 (1/9/2026, 7:00:00 PM)
1.034
0 (0%)
EUROTECH SPA / ETH.MI FAQ
What is the ChartMill technical rating of EUROTECH SPA (ETH.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to ETH.MI.
What is the trend direction for ETH stock?
The current trend direction for EUROTECH SPA (ETH.MI) is Bullish.
What is the RSI signal for ETH stock?
EUROTECH SPA (ETH.MI) has an RSI value of 61.4047. This indicates that the stock is currently neutral.
What is the MACD signal for ETH stock?
The MACD indicator for EUROTECH SPA (ETH.MI) has a value of 0.00604994, indicating a bearish trend.
What is the short term momentum for ETH stock?
The short term momentum for EUROTECH SPA (ETH.MI) is positive.