IT WAY SPA (ITW.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ITW - IT0003057624 - Common Stock
Overall ITW gets a technical rating of 1 out of 10. ITW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
ITW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.27, a Stop Loss order could be placed below this zone.
More info and screens
1.26
When analyzing the support we notice one important area.
- A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.30 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.43 from a trend line in the daily time frame.
- Resistance @1.46 from a horizontal line in the daily time frame.
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 ITW.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITW.MI is down. |
| ChartMill Relative Strength | 18.32 | NEGATIVE | ITW.MI has a low relative strength, it was outperformed by 81.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITW.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITW.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITW.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.77 | NEUTRAL | The RSI value for ITW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ITW.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.97 | NEUTRAL | The Stochastics value for ITW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for ITW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.12 | NEGATIVE | The low ADX value for ITW.MI suggests a weak or negative trend. |
BIT:ITW (1/7/2026, 7:00:00 PM)
1.3
-0.02 (-1.52%)
IT WAY SPA / ITW.MI FAQ
What is the ChartMill technical rating of IT WAY SPA (ITW.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to ITW.MI.
Can you provide the trend direction for IT WAY SPA?
The current trend direction for IT WAY SPA (ITW.MI) is Bearish.
What is the RSI signal for IT WAY SPA (ITW.MI) stock?
IT WAY SPA (ITW.MI) has an RSI value of 44.767. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for IT WAY SPA?
IT WAY SPA (ITW.MI) has a support level at 1.27 and a resistance level at 1.3. Check the full technical report for our detailed analysis of ITW.MI support and resistance levels.