FIERA MILANO SPA (FM.MI) Stock Technical Analysis
BIT:FM - Euronext Milan - IT0003365613 - Common Stock - Currency: EUR
Overall FM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FM did better than 92% of all other stocks. On top of that, FM also shows a nice and consistent pattern of rising prices.
FM is part of the Media industry. There are 63 other stocks in this industry. FM outperforms 88% of them.
FM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FM is leading the market.
In the last month FM has a been trading in the 5.45 - 5.94 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FM also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.78. Right above this resistance zone may be a good entry point.
More info and screens
4.54
5.95
5 important support areas can be observed.
- A support zone ranging from 5.69 to 5.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.39 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.93 from a trend line in the weekly time frame.
- Support @4.82 from a trend line in the daily time frame.
- Support @4.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.88 to 5.89. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for FM.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FM.MI is up. |
| ChartMill Relative Strength | 92.88 | POSITIVE | FM.MI has a high relative strength, it outperformed 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FM.MI is above a declining 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) | 55.59 | NEUTRAL | The RSI value for FM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FM.MI has a negative trend. |
| Stochastics (14,3) | 68.03 | NEUTRAL | The Stochastics value for FM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for FM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for FM.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 5.90 | 5.53 | 0.37 (6.27%) | 15.95% |
| An entry @5.90. This is a Buy Stop order right above the resistance zone. | An exit @5.53. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.37 points, which is 6.27%. | For a 1.00% total portfolio risk, you can invest 15.95% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:FM (6/18/2025, 5:27:29 PM)
5.86
+0.09 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.56%
1 Week-1.54%
2 Weeks4.15%
1 Month-0.86%
3 Month8.87%
6 Month28.94%
12 Month60.95%
2 Year137.45%
3 Year101.4%
5 Year90.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%2.77%
ATR Inc12.39%
Range Today0.19
ADR(20)0.16
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.88
Mansfield2.32
10 Day High5.94
10 Day Low5.54
20 Day High5.94
20 Day Low5.45
52 Week High5.94
52 Week Low3.36
CS1 End5.47
CR1 Start5.78
Volume & EV
DER(3)2.1%
DER(5)1.39%
Volume23.41K
Volume Incr-38.64%
Vol(5)60.75K
Vol(50)111.33K