Europe - BIT:GML - IT0005498610 - Common Stock
Taking everything into account, GML scores 1 out of 10 in our technical rating. GML 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 GML 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.
0.93
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 GML.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GML.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GML.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 GML.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 26.65 | OVERSOLD | The low RSI value suggests GML.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GML.MI has a negative trend. |
| Stochastics (14,3) | 15.07 | OVERSOLD | The low Stochastics value suggests GML.MI may be oversold. |
| Average True Range in percent/ATR (20) | 13.02 | HIGH VOLATILITY | The high ATR as a percentage value for GML.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for GML.MI suggests a strong trend. |
BIT:GML (8/6/2025, 7:00:00 PM)
0.935
+0.02 (+1.63%)
ChartMill assigns a technical rating of 1 / 10 to GML.MI.
The current trend direction for GM LEATHER SPA (GML.MI) is Bullish.
GM LEATHER SPA (GML.MI) has an RSI value of 26.6538. This indicates that the stock is currently oversold.
The short term momentum for GM LEATHER SPA (GML.MI) is negative.