INDEL B SPA (INDB.MI) Stock Technical Analysis
BIT:INDB • IT0005245508
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.
- 81% of all other stocks performed better in the past year than INDB.
- 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 1356 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 18.75 - 20.30 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- INDB is an average performer in the Household Durables industry, it outperforms 50% of 35 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
The technical rating of INDB 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.
More info and screens
18.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.42 to 19.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 2 important areas.
- A resistance zone ranging from 19.63 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 | NEUTRAL | NEUTRAL | The long term trend for INDB.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INDB.MI is neutral. |
| ChartMill Relative Strength | 19.04 | NEGATIVE | INDB.MI has a low relative strength, it was outperformed by 80.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INDB.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INDB.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INDB.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.59 | NEUTRAL | The RSI value for INDB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests INDB.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.72 | OVERBOUGHT | The high Stochastics value suggests INDB.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for INDB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for INDB.MI suggests a weak or negative trend. |
BIT:INDB (2/6/2026, 7:00:00 PM)
19.5
-0.5 (-2.5%)
INDEL B SPA / INDB.MI FAQ
Can you provide the ChartMill technical rating for INDEL B SPA?
ChartMill assigns a technical rating of 1 / 10 to INDB.MI.
What is the trend direction for INDB stock?
The current trend direction for INDEL B SPA (INDB.MI) is Bearish.
What is the RSI signal for INDEL B SPA (INDB.MI) stock?
INDEL B SPA (INDB.MI) has an RSI value of 49.5919. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INDEL B SPA?
The MACD indicator for INDEL B SPA (INDB.MI) has a value of 0.0768942, indicating a bearish trend.
Can you provide the short term momentum for INDEL B SPA?
The short term momentum for INDEL B SPA (INDB.MI) is neutral.