BIT:GF - Euronext Milan - IT0005144784 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to GF. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GF is a bad performer.
Although the technical rating is only medium, GF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.10, a Stop Loss order could be placed below this zone.
14.32
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 GF.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GF.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | GF.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 GF.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GF.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 53.43 | NEUTRAL | The RSI value for GF.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests GF.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 34.52 | NEUTRAL | The Stochastics value for GF.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for GF.MI suggests some volalility. |
Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for GF.MI suggests a possible start of a new trend. |
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 |
---|---|---|---|
15.13 | 14.69 | 0.44 (2.88%) | 25.00% |
An entry @15.13. This is a Buy Stop order right above the 10 day moving average. | An exit @14.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.44 points, which is 2.88%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:GF (6/20/2025, 7:00:00 PM)
15.1
+0.05 (+0.33%)