BIT:I500 - IE00BMTX1Y45 - ETF
Overall I500 gets a technical rating of 6 out of 10. I500 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
I500 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.16, a Stop Loss order could be placed below this zone.
8.78
When analyzing the support we notice one important area.
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 | UP | POSITIVE | The long term trend for I500.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for I500.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | I500.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of I500.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of I500.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 59.33 | NEUTRAL | The RSI value for I500.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests I500.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 67.97 | NEUTRAL | The Stochastics value for I500.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for I500.MI suggests low volalility. |
Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for I500.MI suggests a weak or negative 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 |
---|---|---|---|
9.26 | 9.02 | 0.24 (2.59%) | 25.00% |
An entry @9.26. This is a Buy Stop order right above the resistance zone. | An exit @9.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 2.59%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:I500 (9/9/2025, 7:00:00 PM)
9.193
+0 (+0.05%)