BIT:IF - Euronext Milan - IT0003188064 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to IF. IF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of IF 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.
18.49
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 | NEUTRAL | NEUTRAL | The long term trend for IF.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IF.MI is down. |
ChartMill Relative Strength | 59.36 | NEUTRAL | IF.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IF.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of IF.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of IF.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 36.61 | NEUTRAL | The RSI value for IF.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests IF.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 14.89 | OVERSOLD | The low Stochastics value suggests IF.MI may be oversold. |
Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for IF.MI suggests low volalility. |
Average Directional Index/ADX (14) | 23.85 | NEUTRAL | The ADX value for IF.MI suggests a possible start of a new trend. |
BIT:IF (6/18/2025, 5:35:15 PM)
21.62
-0.08 (-0.37%)