Europe - Euronext Milan - BIT:GROW - IT0005040354 - Common Stock
Overall GROW gets a technical rating of 0 out of 10. GROW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GROW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.79. Right above this resistance zone may be a good entry point.
2.53
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for GROW.MI is neutral. |
| ChartMill Relative Strength | 3.61 | NEGATIVE | GROW.MI has a low relative strength, it was outperformed by 96.39% 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). |
| Relative Strength Index/RSI (14) | 44.68 | NEUTRAL | The RSI value for GROW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GROW.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.69 | NEUTRAL | The Stochastics value for GROW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for GROW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.16 | POSITIVE | The high ADX value value for GROW.MI suggests a strong trend. |
BIT:GROW (12/8/2025, 7:00:00 PM)
2.56
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to GROW.MI.
The current trend direction for GROWENS SPA (GROW.MI) is Bearish.
GROWENS SPA (GROW.MI) has an RSI value of 44.678. This indicates that the stock is currently neutral.
The MACD indicator for GROWENS SPA (GROW.MI) has a value of 0.0472763, indicating a bearish trend.
GROWENS SPA (GROW.MI) has a resistance level at 2.79. Check the full technical report for our detailed analysis of GROW.MI support and resistance levels.