Europe - Euronext Milan - BIT:ITM - IT0005253205 - Common Stock
We assign a technical rating of 0 out of 10 to ITM. ITM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ITM has a poor technical rating and the quality of the setup is also not perfect 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.
26.63
When analyzing the resistance we notice one important 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 | DOWN | NEGATIVE | The long term trend for ITM.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITM.MI is down. |
| ChartMill Relative Strength | 28.39 | NEGATIVE | ITM.MI has a low relative strength, it was outperformed by 71.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITM.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITM.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ITM.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.21 | NEUTRAL | The RSI value for ITM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ITM.MI has a positive trend. |
| Stochastics (14,3) | 37.66 | NEUTRAL | The Stochastics value for ITM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ITM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.92 | POSITIVE | The high ADX value value for ITM.MI suggests a strong trend. |
BIT:ITM (12/8/2025, 5:29:56 PM)
26.9
-0.5 (-1.82%)
ChartMill assigns a technical rating of 0 / 10 to ITM.MI.
The current trend direction for ITALMOBILIARE SPA (ITM.MI) is Bearish.
ITALMOBILIARE SPA (ITM.MI) has an RSI value of 33.2089. This indicates that the stock is currently neutral.
The MACD indicator for ITALMOBILIARE SPA (ITM.MI) has a value of 0.0430355, indicating a bearish trend.
ITALMOBILIARE SPA (ITM.MI) has a support level at 27.39 and a resistance level at 27.4. Check the full technical report for our detailed analysis of ITM.MI support and resistance levels.