FI GL CO BD RE EN PA UE-EURH (FSME.MI) Stock Technical Analysis
Europe - BIT:FSME - IE0006QCIHM0 - ETF
We assign a technical rating of 3 out of 10 to FSME. FSME performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of FSME is bad and it also does not present a 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.
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5.62
When analyzing the support we notice one important area.
- A support zone ranging from 5.68 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.90 to 5.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FSME.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSME.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FSME.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 75.63 | OVERBOUGHT | The high RSI value suggests FSME.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FSME.MI has a negative trend. |
| Stochastics (14,3) | 97.56 | OVERBOUGHT | The high Stochastics value suggests FSME.MI may be overbought. |
| Average Directional Index/ADX (14) | 25.82 | POSITIVE | The high ADX value value for FSME.MI suggests a strong trend. |
BIT:FSME (9/5/2025, 7:00:00 PM)
5.889
+0.04 (+0.62%)