INDEL B SPA (INDB.MI) Stock Technical Analysis
Europe - BIT:INDB - IT0005245508 - Common Stock
20.1 EUR
+0.1 (+0.5%)
Overall INDB gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. INDB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, INDB is a bad performer in the overall market: 82% of all stocks are doing better.
INDB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: INDB has an average volume of 2211 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month INDB has a been trading in the 18.60 - 20.30 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
INDB is an average performer in the Household Durables industry, it outperforms 54% of 34 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
INDB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.94, a Stop Loss order could be placed below this zone.
More info and screens
18.46
21.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.54 to 19.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.99 from a trend line in the daily time frame.
- A support zone ranging from 18.65 to 18.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.10 to 20.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.90 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 | DOWN | NEGATIVE | The long term trend for INDB.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INDB.MI is up. |
| ChartMill Relative Strength | 18.58 | NEGATIVE | INDB.MI has a low relative strength, it was outperformed by 81.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INDB.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INDB.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of INDB.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.57 | NEUTRAL | The RSI value for INDB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests INDB.MI has a positive trend. |
| Stochastics (14,3) | 75.42 | NEUTRAL | The Stochastics value for INDB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for INDB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.63 | NEUTRAL | The ADX value for INDB.MI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:INDB (10/13/2025, 7:00:00 PM)
20.1
+0.1 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.5%
1 Week2.29%
2 Weeks0.5%
1 Month6.91%
3 Month-3.83%
6 Month-1.47%
12 Month-18.62%
2 Year-12.99%
3 Year-22.69%
5 Year60.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.83%
ATR Inc-40.68%
Range Today0.2
ADR(20)0.25
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.58
Mansfield-2.38
10 Day High20.3
10 Day Low19.4
20 Day High20.3
20 Day Low18.6
52 Week High29
52 Week Low18.3
CS1 End19.94
CR1 Start20.1
Volume & EV
DER(3)0%
DER(5)0%
Volume191
Volume Incr-49.76%
Vol(5)892.6
Vol(50)2.21K