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. INW has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
INW has an average volume of 1820530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, INW turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
INW is part of the Diversified Telecommunication Services industry. There are 32 other stocks in this industry, INW did better than 45% of them.
INW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INW is lagging the market slightly.
In the last month INW has a been trading in the 9.99 - 10.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, INW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 10.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.90
11.28
We found 3 important support areas.
- A support zone ranging from 9.95 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.19 to 9.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @10.60 from a trend line in the weekly time frame.
- Resistance @10.77 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.02 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 | NEUTRAL | NEUTRAL | The short term trend for INW.MI is neutral. |
| ChartMill Relative Strength | 60.58 | NEUTRAL | INW.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INW.MI is below 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) | DOWN | MIXED | The current price of INW.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.6 | NEUTRAL | The RSI value for INW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests INW.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.07 | NEUTRAL | The Stochastics value for INW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for INW.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for INW.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:INW (5/30/2025, 7:00:00 PM)
10.33
+0.15 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.47%
1 Week1.77%
2 Weeks-3.73%
1 Month-2.91%
3 Month6.71%
6 Month5.95%
12 Month2.79%
2 Year-13.19%
3 Year-0.34%
5 Year12.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.93%
ATR Inc-11.19%
Range Today0.18
ADR(20)0.17
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.58
Mansfield-0.13
10 Day High10.36
10 Day Low9.99
20 Day High10.8
20 Day Low9.99
52 Week High11.21
52 Week Low8.81
CS1 End10.22
CR1 Start10.6
Volume & EV
DER(3)-3.07%
DER(5)-2.5%
Volume5.26M
Volume Incr18.86%
Vol(5)2.17M
Vol(50)1.82M