BIT:FM - Euronext Milan - IT0003365613 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to FM. Both in the recent history as in the last year, FM has proven to be a steady performer, scoring decent points in every aspect analyzed.
FM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
3.45
We found 5 important support areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
5.51 | 5.00 | 0.51 (9.26%) | 10.80% |
An entry @5.51. This is a Buy Stop order right above the resistance zone. | An exit @5.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.51 points, which is 9.26%. | When investing 10.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:FM (5/8/2025, 5:30:20 PM)
5.35
+0.07 (+1.33%)