INFRASTRUTTURE WIRELESS ITAL (INW.MI) Stock Technical Analysis
BIT:INW - Euronext Milan - IT0005090300 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to INW. Although INW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
INW has only a medium 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 10.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.40, a Stop Loss order could be placed below this zone.
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9.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.13 to 10.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.55 from a horizontal line in the weekly time frame.
- Support @9.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.47 to 10.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.14 to 11.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for INW.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INW.MI is up. |
| ChartMill Relative Strength | 33.14 | NEUTRAL | INW.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INW.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INW.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INW.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for INW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INW.MI has a positive trend. |
| Stochastics (14,3) | 67.06 | NEUTRAL | The Stochastics value for INW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for INW.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 8.87 | NEGATIVE | The low ADX value for INW.MI suggests a weak or negative trend. |
BIT:INW (8/21/2025, 7:00:00 PM)
10.44
-0.07 (-0.67%)