BIT:FM • IT0003365613
Overall FM gets a technical rating of 9 out of 10. In the last year, FM was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although FM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
6.37
When analyzing the support we can see 6 important areas.
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 FM.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FM.MI is up. |
| ChartMill Relative Strength | 84.3 | POSITIVE | FM.MI has a high relative strength, it outperformed 84.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FM.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FM.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FM.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.09 | OVERBOUGHT | The high RSI value suggests FM.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests FM.MI has a positive trend. |
| Stochastics (14,3) | 92.07 | OVERBOUGHT | The high Stochastics value suggests FM.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for FM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.36 | POSITIVE | The high ADX value value for FM.MI suggests a strong trend. |
BIT:FM (2/24/2026, 7:00:00 PM)
8.44
+0.29 (+3.56%)
ChartMill assigns a technical rating of 9 / 10 to FM.MI.
The current trend direction for FIERA MILANO SPA (FM.MI) is Bearish.
FIERA MILANO SPA (FM.MI) has an RSI value of 76.0904. This indicates that the stock is currently overbought.
The short term momentum for FIERA MILANO SPA (FM.MI) is positive.