BIT:IF - Euronext Milan - IT0003188064 - Common Stock - Currency: EUR
Taking everything into account, IF scores 8 out of 10 in our technical rating. Although IF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although IF has an excellent technical rating, it does not offer a high 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.
18.74
3 important support areas can be observed.
When analyzing the resistance we notice 3 important 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 IF.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IF.MI is up. |
ChartMill Relative Strength | 64.43 | NEUTRAL | IF.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of IF.MI is below the rising 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 | POSITIVE | The current price of IF.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.21 | NEUTRAL | The RSI value for IF.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests IF.MI has a negative trend. |
Stochastics (14,3) | 60.04 | NEUTRAL | The Stochastics value for IF.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for IF.MI suggests some volalility. |
Average Directional Index/ADX (14) | 26.2 | POSITIVE | The high ADX value value for IF.MI suggests a strong trend. |
BIT:IF (8/4/2025, 12:26:54 PM)
22.68
-1.04 (-4.38%)