ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:IEG - IT0003411417 - Common Stock
Taking everything into account, IEG scores 3 out of 10 in our technical rating. Although IEG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, IEG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.99, a Stop Loss order could be placed below this zone.
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7.66
When analyzing the support we notice one important area.
- Support @7.74 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.99 to 7.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.27 to 8.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.73 from a horizontal line in the weekly time frame.
- Resistance @8.88 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for IEG.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IEG.MI is down. |
| ChartMill Relative Strength | 72.41 | POSITIVE | IEG.MI has a high relative strength, it outperformed 72.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IEG.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IEG.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IEG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.15 | NEUTRAL | The RSI value for IEG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IEG.MI has a negative trend. |
| Stochastics (14,3) | 41.51 | NEUTRAL | The Stochastics value for IEG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for IEG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for IEG.MI suggests a weak or negative trend. |
BIT:IEG (11/18/2025, 12:45:40 PM)
7.94
-0.06 (-0.75%)
ITALIAN EXHIBITION GROUP SPA / IEG.MI FAQ
What is the ChartMill technical rating of ITALIAN EXHIBITION GROUP SPA (IEG.MI) stock?
ChartMill assigns a technical rating of 3 / 10 to IEG.MI.
What is the trend direction for IEG stock?
The current trend direction for ITALIAN EXHIBITION GROUP SPA (IEG.MI) is Bearish.
What is the RSI signal for ITALIAN EXHIBITION GROUP SPA (IEG.MI) stock?
ITALIAN EXHIBITION GROUP SPA (IEG.MI) has an RSI value of 40.146. This indicates that the stock is currently neutral.
What is the MACD signal for IEG stock?
The MACD indicator for ITALIAN EXHIBITION GROUP SPA (IEG.MI) has a value of -0.0140472, indicating a bearish trend.
Can you provide the support and resistance levels for ITALIAN EXHIBITION GROUP SPA?
ITALIAN EXHIBITION GROUP SPA (IEG.MI) has a support level at 7.99 and a resistance level at 8.27. Check the full technical report for our detailed analysis of IEG.MI support and resistance levels.