BIT:IITA - IE000589MF42 - ETF
Overall IITA gets a technical rating of 5 out of 10. In the last year, IITA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
IITA 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. There is a resistance zone just above the current price starting at 5.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.71, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
5.44
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 IITA.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IITA.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | IITA.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 IITA.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IITA.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 59.96 | NEUTRAL | The RSI value for IITA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IITA.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 42.6 | NEUTRAL | The Stochastics value for IITA.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for IITA.MI suggests low volalility. |
Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for IITA.MI suggests a possible start of a new trend. |
BIT:IITA (9/10/2025, 7:00:00 PM)
5.723
+0.01 (+0.16%)