EUROTECH SPA (ETH.MI) Technical Analysis
BIT:ETH • IT0003895668
Current stock price
ETH.MI Technical Rating and Analysis
Overall ETH gets a technical rating of 1 out of 10. ETH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month ETH has a been trading in the 0.89 - 1.09 range, which is quite wide. It is currently trading near the lows of this range.
- ETH is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 70% of 32 stocks in the same industry.
- When comparing the performance of all stocks over the past year, ETH turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- ETH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETH is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ETH.MI Weekly and Daily overview Charts
ETH.MI Setup Rating and Analysis
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 0.90, a Stop Loss order could be placed below this zone.
More info and screens
ETH.MI Support and Resistance Analysis
0.82
We found 3 important support areas.
- Support @0.90 from a horizontal line in the daily time frame.
- Support @0.86 from a trend line in the weekly time frame.
- A support zone ranging from 0.83 to 0.84. 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 0.93 to 0.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.05 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
ETH.MI Technical Indicator Signal Analysis
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 | 59.62 | 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) | 44.04 | NEUTRAL | The RSI value for ETH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ETH.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.6 | NEUTRAL | The Stochastics value for ETH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ETH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.91 | NEGATIVE | The low ADX value for ETH.MI suggests a weak or negative trend. |
ETH.MI Chart- and CandleStick Pattern Analysis
ETH.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ETH (3/30/2026, 7:00:00 PM)
0.921
-0.01 (-1.18%)
EUROTECH SPA / ETH.MI TA FAQ
What is the ChartMill technical rating of EUROTECH SPA (ETH.MI) stock?
ChartMill assigns a technical rating of 1 / 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 44.0411. 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 -0.00717656, indicating a bearish trend.
What is the short term momentum for ETH stock?
The short term momentum for EUROTECH SPA (ETH.MI) is negative.