BIT:G - Euronext Milan - IT0000062072 - Common Stock - Currency: EUR
Taking everything into account, G scores 4 out of 10 in our technical rating. In the last year, G was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
G has an average technical rating and it also 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.
25.99
3 important support areas can be observed.
When analyzing the resistance we notice 2 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 | UP | POSITIVE | The long term trend for G.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for G.MI is down. |
ChartMill Relative Strength | 78.43 | POSITIVE | G.MI has a high relative strength, it outperformed 78.43% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of G.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of G.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of G.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 35.2 | NEUTRAL | The RSI value for G.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests G.MI has a negative trend. |
Stochastics (14,3) | 4.8 | OVERSOLD | The low Stochastics value suggests G.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for G.MI suggests some volalility. |
Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for G.MI suggests a possible start of a new trend. |
BIT:G (6/3/2025, 5:36:15 PM)
31.45
-0.66 (-2.06%)