Europe - BIT:IOT - IT0005438046 - Common Stock
We assign a technical rating of 10 out of 10 to IOT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IOT is showing a nice and steady performance.
Although IOT has an excellent technical rating, it does not offer a high 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.
2.66
3 important support areas can be observed.
We found 1 important resistance area.
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 IOT.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOT.MI is up. |
ChartMill Relative Strength | 95.7 | POSITIVE | IOT.MI has a high relative strength, it outperformed 95.7% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IOT.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IOT.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOT.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 73.77 | OVERBOUGHT | The high RSI value suggests IOT.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IOT.MI has a positive trend. |
Stochastics (14,3) | 81.35 | OVERBOUGHT | The high Stochastics value suggests IOT.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for IOT.MI suggests some volalility. |
Average Directional Index/ADX (14) | 42.97 | POSITIVE | The high ADX value value for IOT.MI suggests a strong trend. |
BIT:IOT (10/7/2025, 1:34:07 PM)
3.435
+0.02 (+0.59%)