GAMBERO ROSSO SPA (GAMB.MI) Stock Technical Analysis
BIT:GAMB - Euronext Milan - IT0005122392 - Common Stock - Currency: EUR
Overall GAMB gets a technical rating of 0 out of 10. GAMB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than GAMB.
GAMB is part of the Media industry. There are 66 other stocks in this industry, of which 86% are performing better than GAMB.
In the last month GAMB has a been trading in the 0.22 - 0.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of GAMB 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.
More info and screens
0.31
0.53
When analyzing the support we notice one important area.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- Resistance @0.36 from a horizontal line in the daily time frame.
- Resistance @0.47 from a trend line in the daily time frame.
- Resistance @0.48 from a trend line in the weekly time frame.
- Resistance @0.51 from a trend line in the daily time frame.
- Resistance @0.52 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for GAMB.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GAMB.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GAMB.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 GAMB.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GAMB.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.74 | NEUTRAL | The RSI value for GAMB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GAMB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.06 | NEUTRAL | The Stochastics value for GAMB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.93 | HIGH VOLATILITY | The high ATR as a percentage value for GAMB.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.59 | NEGATIVE | The low ADX value for GAMB.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)
BIT:GAMB (6/16/2025, 7:00:00 PM)
0.316
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0%
1 Week0.64%
2 Weeks-15.51%
1 Month-39.81%
3 Month-29.15%
6 Month-33.89%
12 MonthN/A
2 Year-22.55%
3 Year-27.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%10.93%
ATR Inc16.11%
Range Today0.03
ADR(20)0.02
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.35
10 Day Low0.22
20 Day High0.47
20 Day Low0.22
52 Week HighN/A
52 Week LowN/A
CS1 End0.31
CR1 Start0.36
Volume & EV
DER(3)0%
DER(5)0%
Volume74.00K
Volume Incr721.53%
Vol(5)236.60K
Vol(50)56.76K