GROWENS SPA (GROW.MI) Technical Analysis
BIT:GROW • IT0005040354
Current stock price
GROW.MI Technical Rating and Analysis
Overall GROW gets a technical rating of 0 out of 10. GROW'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than GROW.
- GROW is one of the lesser performing stocks in the Software industry. 70% of 112 stocks in the same industry do better.
- GROW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month GROW has a been trading in the 2.08 - 2.77 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GROW.MI Weekly and Daily overview Charts
GROW.MI Setup Rating and Analysis
The technical rating of GROW 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
GROW.MI Support and Resistance Analysis
2.12
When analyzing the support we notice one important area.
- A support zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.42 to 2.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.52 from a trend line in the daily time frame.
- Resistance @2.89 from a horizontal line in the daily time frame.
GROW.MI Technical Indicator Signal Analysis
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 GROW.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GROW.MI is down. |
| ChartMill Relative Strength | 2.49 | NEGATIVE | GROW.MI has a low relative strength, it was outperformed by 97.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GROW.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GROW.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GROW.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.28 | NEUTRAL | The RSI value for GROW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GROW.MI has a negative trend. |
| Stochastics (14,3) | 30.07 | NEUTRAL | The Stochastics value for GROW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for GROW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for GROW.MI suggests a weak or negative trend. |
GROW.MI Chart- and CandleStick Pattern Analysis
GROW.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:GROW (4/28/2026, 7:00:00 PM)
2.17
-0.01 (-0.46%)
GROWENS SPA / GROW.MI TA FAQ
What is the technical rating for GROW stock?
ChartMill assigns a technical rating of 0 / 10 to GROW.MI.
What is the current trend direction of GROWENS SPA (GROW.MI) stock?
The current trend direction for GROWENS SPA (GROW.MI) is Bearish.
What is the RSI signal for GROW stock?
GROWENS SPA (GROW.MI) has an RSI value of 35.2815. This indicates that the stock is currently neutral.
What is the buy/sell signal for GROWENS SPA (GROW.MI) stock?
The buy/sell signal for GROWENS SPA (GROW.MI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for GROWENS SPA?
GROWENS SPA (GROW.MI) has a support level at 2.14 and a resistance level at 2.42. Check the full technical report for our detailed analysis of GROW.MI support and resistance levels.