Europe - BIT:INDB - IT0005245508 - Common Stock
Taking everything into account, INDB scores 0 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.
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.
18.46
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | 14.63 | NEGATIVE | INDB.MI has a low relative strength, it was outperformed by 85.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INDB.MI is below a declining 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) | 42.42 | NEUTRAL | The RSI value for INDB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests INDB.MI has a negative trend. |
| Stochastics (14,3) | 15.26 | OVERSOLD | The low Stochastics value suggests INDB.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for INDB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.53 | NEGATIVE | The low ADX value for INDB.MI suggests a weak or negative trend. |
BIT:INDB (11/10/2025, 7:00:00 PM)
19.1
+0.03 (+0.13%)
ChartMill assigns a technical rating of 0 / 10 to INDB.MI.
The current trend direction for INDEL B SPA (INDB.MI) is Bearish.
INDEL B SPA (INDB.MI) has an RSI value of 42.4183. This indicates that the stock is currently neutral.
The buy/sell signal for INDEL B SPA (INDB.MI) is sell as both the short term and long term trends are negative.
INDEL B SPA (INDB.MI) has a support level at 18.65 and a resistance level at 19.27. Check the full technical report for our detailed analysis of INDB.MI support and resistance levels.