INDEL B SPA (INDB.MI) Stock Technical Analysis
BIT:INDB - Euronext Milan - IT0005245508 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to INDB. 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: 87% of all stocks are doing better.
INDB is part of the Household Durables industry. There are 30 other stocks in this industry, of which 72% are performing better 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.
In the last month INDB has a been trading in the 18.65 - 22.30 range, which is quite wide. It is currently trading near the lows of this range.
Warning: INDB has an average volume of 2268 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
INDB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.21, a Stop Loss order could be placed below this zone.
More info and screens
18.46
22.32
We found 2 important support areas.
- A support zone ranging from 19.17 to 19.21. This zone is formed by a combination of multiple trend lines 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 19.67 to 20.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.90 from a horizontal line 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 | 13.88 | NEGATIVE | INDB.MI has a low relative strength, it was outperformed by 86.12% 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) | DOWN | NEGATIVE | The current price of INDB.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.52 | NEUTRAL | The RSI value for INDB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests INDB.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.42 | NEUTRAL | The Stochastics value for INDB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for INDB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | 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 (6/23/2025, 12:38:24 PM)
19.65
+0.15 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.77%
1 Week1.81%
2 Weeks-3.2%
1 Month5.08%
3 Month-9.86%
6 Month-16.74%
12 Month-14.94%
2 Year-20.12%
3 Year-25%
5 Year-0.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%3.44%
ATR Inc-63.59%
Range Today0
ADR(20)0.44
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.88
Mansfield-2.95
10 Day High22.3
10 Day Low19.2
20 Day High22.3
20 Day Low18.65
52 Week High29
52 Week Low18.3
CS1 End19.21
CR1 Start19.67
Volume & EV
DER(3)0%
DER(5)0%
Volume32
Volume Incr-49.8%
Vol(5)1.48K
Vol(50)2.27K