GROWENS SPA (GROW.MI) Technical Analysis
BIT:GROW • IT0005040354
Current stock price
GROW.MI Technical Rating and Analysis
Taking everything into account, GROW scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, GROW is a bad performer in the overall market: 96% of all stocks are doing better.
- GROW is part of the Software industry. There are 110 other stocks in this industry, of which 60% are performing better than GROW.
- GROW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GROW is lagging the market.
- In the last month GROW has a been trading in the 2.10 - 2.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GROW.MI Weekly and Daily overview Charts
GROW.MI Setup Rating and Analysis
GROW has a poor technical rating and the quality of the setup is also only medium 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
2.19
We found 3 important support areas.
- Support @2.51 from a trend line in the daily time frame.
- Support @2.25 from a horizontal line in the weekly time frame.
- Support @2.21 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.59 to 2.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.87 to 2.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 4.87 | NEGATIVE | GROW.MI has a low relative strength, it was outperformed by 95.13% 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) | 48.03 | NEUTRAL | The RSI value for GROW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GROW.MI has a positive trend. |
| Stochastics (14,3) | 68.42 | NEUTRAL | The Stochastics value for GROW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for GROW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.19 | 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 (4/1/2026, 7:00:00 PM)
2.52
+0.02 (+0.8%)
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 48.0282. 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 2.51 and a resistance level at 2.59. Check the full technical report for our detailed analysis of GROW.MI support and resistance levels.