Europe - BIT:IP - IT0001078911 - Common Stock
We assign a technical rating of 5 out of 10 to IP. In the last year, IP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, IP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 40.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.83, a Stop Loss order could be placed below this zone.
35.07
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 4 important areas.
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 IP.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IP.MI is neutral. |
ChartMill Relative Strength | 50.27 | NEUTRAL | IP.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IP.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IP.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IP.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 52.21 | NEUTRAL | The RSI value for IP.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IP.MI has a positive trend. |
Stochastics (14,3) | 69.72 | NEUTRAL | The Stochastics value for IP.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for IP.MI suggests some volalility. |
Average Directional Index/ADX (14) | 14.58 | NEGATIVE | The low ADX value for IP.MI suggests a weak or negative trend. |
BIT:IP (10/8/2025, 7:00:00 PM)
40
+0.26 (+0.65%)