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ITALMOBILIARE SPA (ITM.MI) Stock Technical Analysis

BIT:ITM - Euronext Milan - IT0005253205 - Common Stock - Currency: EUR

27.225  -0.12 (-0.46%)

Technical Rating and Analysis

7

Taking everything into account, ITM scores 7 out of 10 in our technical rating. In the last year, ITM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Warning: ITM has an average volume of 22165 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ITM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ITM is lagging the market slightly.
In the last month ITM has a been trading in the 24.40 - 27.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, ITM turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
ITM is part of the Industrial Conglomerates industry. There are 14 other stocks in this industry, ITM did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ITALMOBILIARE SPA / ITM Weekly stock chart
ITALMOBILIARE SPA / ITM Daily stock chart
Setup Rating and Analysis

3

Although ITM 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.

Support and Resistance Analysis

23.76

27.67

We found 5 important support areas.

  • Support @26.40 from a horizontal line in the daily time frame.
  • A support zone ranging from 25.68 to 25.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 24.95 to 25.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @24.45 from a horizontal line in the daily time frame.
  • Support @24.00 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 27.23 to 27.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ITM.MI is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ITM.MI is up.
ChartMill Relative Strength56.67NEUTRALITM.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ITM.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ITM.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of ITM.MI is above a declining SMA(200).
Relative Strength Index/RSI (14)63.32NEUTRALThe RSI value for ITM.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.23POSITIVEThe MACD value suggests ITM.MI has a positive trend.
Stochastics (14,3)82.11OVERBOUGHTThe high Stochastics value suggests ITM.MI may be overbought.
Average True Range in percent/ATR (20)1.99LOW VOLATILITYThe low ATR as a percentage value for ITM.MI suggests low volalility.
Average Directional Index/ADX (14)28.2POSITIVEThe high ADX value value for ITM.MI suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ITALMOBILIARE SPA / ITM Daily stock chart

ITALMOBILIARE SPA

BIT:ITM (7/4/2025, 5:29:52 PM)

27.225

-0.12 (-0.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-0.46%
1 Week6.35%
2 Weeks9.12%
1 Month1.78%
3 Month24.32%
6 Month5.52%
12 Month-6.76%
2 Year8.9%
3 Year-0.27%
5 Year-7.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%1.99%
ATR Inc-38.6%
Range Today0.3
ADR(20)0.51
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.67
Mansfield-0.59
10 Day High27.8
10 Day Low24.4
20 Day High27.8
20 Day Low24.4
52 Week High30.05
52 Week Low20.45
CS1 End26.4
CR1 Start27.23
Volume & EV
DER(3)-1.02%
DER(5)0.25%
Volume2.73K
Volume Incr52.93%
Vol(5)32.55K
Vol(50)22.17K