BIT:IP - Euronext Milan - IT0001078911 - Common Stock - Currency: EUR
Overall IP gets a technical rating of 4 out of 10. In the past year, IP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, IP does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 34.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
33.04
We found 2 important support areas.
When analyzing the resistance we notice 3 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 | NEUTRAL | NEUTRAL | The long term trend for IP.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IP.MI is neutral. |
ChartMill Relative Strength | 35.62 | NEUTRAL | IP.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of IP.MI is below the rising 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 | NEGATIVE | The current price of IP.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.21 | NEUTRAL | The RSI value for IP.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IP.MI has a negative trend. |
Stochastics (14,3) | 57.51 | NEUTRAL | The Stochastics value for IP.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for IP.MI suggests some volalility. |
Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for IP.MI suggests a weak or negative trend. |
BIT:IP (7/11/2025, 7:00:00 PM)
34.44
-1.1 (-3.1%)