Europe - BIT:FM - IT0003365613 - Common Stock
Taking everything into account, FM scores 10 out of 10 in our technical rating. 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.
Although FM has an excellent technical rating, it does not offer a high quality setup 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.
5.30
4 important support areas can be observed.
We can see 2 important resistance 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 | UP | POSITIVE | The long term trend for FM.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FM.MI is neutral. |
| ChartMill Relative Strength | 93.14 | POSITIVE | FM.MI has a high relative strength, it outperformed 93.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FM.MI is below 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) | 47.67 | NEUTRAL | The RSI value for FM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FM.MI has a negative trend. |
| Stochastics (14,3) | 57.37 | NEUTRAL | The Stochastics value for FM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for FM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for FM.MI suggests a possible start of a new trend. |
BIT:FM (11/7/2025, 7:00:00 PM)
7.56
-0.15 (-1.95%)
ChartMill assigns a technical rating of 10 / 10 to FM.MI.
The current trend direction for FIERA MILANO SPA (FM.MI) is Bullish.
FIERA MILANO SPA (FM.MI) has an RSI value of 47.6727. This indicates that the stock is currently neutral.
The short term momentum for FIERA MILANO SPA (FM.MI) is neutral.
FIERA MILANO SPA (FM.MI) has a support level at 7.24 and a resistance level at 7.6. Check the full technical report for our detailed analysis of FM.MI support and resistance levels.