BIT:FUM - Euronext Milan - IT0005335754 - Common Stock - Currency: EUR
Taking everything into account, FUM scores 0 out of 10 in our technical rating. FUM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of FUM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
4.66
We can see 3 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 | DOWN | NEGATIVE | The long term trend for FUM.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FUM.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | FUM.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FUM.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FUM.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 32.9 | NEUTRAL | The RSI value for FUM.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FUM.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 38.01 | NEUTRAL | The Stochastics value for FUM.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for FUM.MI suggests some volalility. |
Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for FUM.MI suggests a possible start of a new trend. |
BIT:FUM (7/3/2025, 7:00:00 PM)
4.71
-0.31 (-6.18%)