INDEL B SPA (INDB.MI) Stock Technical Analysis
BIT:INDB - Euronext Milan - IT0005245508 - Common Stock - Currency: EUR
Taking everything into account, INDB scores 1 out of 10 in our technical rating. INDB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, INDB is a bad performer in the overall market: 91% of all stocks are doing better.
INDB is one of the lesser performing stocks in the Household Durables industry. 77% of 36 stocks in the same industry do better.
INDB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month INDB has a been trading in the 18.60 - 22.30 range, which is quite wide. It is currently trading near the lows of this range.
Warning: INDB has an average volume of 2203 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
INDB has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
18.46
22.32
We found 1 important support area.
- 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.63 to 20.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.61 to 20.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @22.10 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The short term trend for INDB.MI is down. |
| ChartMill Relative Strength | 9.67 | NEGATIVE | INDB.MI has a low relative strength, it was outperformed by 90.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INDB.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INDB.MI is below a declining 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) | 45.96 | NEUTRAL | The RSI value for INDB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests INDB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.6 | OVERSOLD | The low Stochastics value suggests INDB.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for INDB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for INDB.MI suggests a weak or negative 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 (7/29/2025, 7:00:00 PM)
19.25
+0.4 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.12%
1 Week0.79%
2 Weeks-3.51%
1 Month0.26%
3 Month-12.9%
6 Month-15.2%
12 Month-23.31%
2 Year-21.75%
3 Year-23.61%
5 Year-5.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%3.19%
ATR Inc-28.57%
Range Today0.55
ADR(20)0.38
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.67
Mansfield-3.43
10 Day High20
10 Day Low18.6
20 Day High22.3
20 Day Low18.6
52 Week High29
52 Week Low18.3
CS1 End18.65
CR1 Start19.63
Volume & EV
DER(3)0%
DER(5)0%
Volume3.62K
Volume Incr-40.72%
Vol(5)1.88K
Vol(50)2.20K