EUROTECH SPA (ETH.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:ETH • IT0003895668
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.
- When comparing the yearly performance of all stocks, ETH is a bad performer in the overall market: 66% of all stocks are doing better.
- In the last month ETH has a been trading in the 0.85 - 1.06 range, which is quite wide. It is currently trading near the lows of this range.
- ETH is part of the Technology Hardware, Storage & Peripherals industry. There are 33 other stocks in this industry. ETH outperforms 71% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- ETH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ETH is lagging the market.
- Volume is considerably higher in the last couple of days.
ETH has a poor technical rating and the quality of the setup is also not perfect 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
0.85
We found 2 important support areas.
- Support @0.90 from a horizontal line in the daily time frame.
- A support zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.07 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 | NEUTRAL | NEUTRAL | The long term trend for ETH.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETH.MI is down. |
| ChartMill Relative Strength | 34.97 | 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) | UP | MIXED | The current price of ETH.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.2 | NEUTRAL | The RSI value for ETH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ETH.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.39 | OVERSOLD | The low Stochastics value suggests ETH.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ETH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.15 | POSITIVE | The high ADX value value for ETH.MI suggests a strong trend. |
BIT:ETH (2/6/2026, 11:09:09 AM)
0.898
+0.01 (+1.13%)
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.
What is the trend direction for ETH stock?
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 34.2033. 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 -0.0171433, indicating a bearish trend.
What is the short term momentum for ETH stock?
The short term momentum for EUROTECH SPA (ETH.MI) is negative.