IT WAY SPA (ITW.MI) Stock Technical Analysis
Europe - BIT:ITW - IT0003057624 - Common Stock
Overall ITW gets a technical rating of 5 out of 10. ITW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, ITW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.35, a Stop Loss order could be placed below this zone.
More info and screens
1.29
When analyzing the support we notice one important area.
- A support zone ranging from 1.30 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.89 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for ITW.MI is neutral. |
| ChartMill Relative Strength | 17.47 | NEGATIVE | ITW.MI has a low relative strength, it was outperformed by 82.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITW.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITW.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ITW.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.39 | NEUTRAL | The RSI value for ITW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ITW.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.42 | NEUTRAL | The Stochastics value for ITW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for ITW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for ITW.MI suggests a possible start of a new trend. |
BIT:ITW (11/3/2025, 7:00:00 PM)
1.46
+0.15 (+11.03%)
IT WAY SPA / ITW.MI FAQ
Can you provide the ChartMill technical rating for IT WAY SPA?
ChartMill assigns a technical rating of 5 / 10 to ITW.MI.
What is the current trend direction of IT WAY SPA (ITW.MI) stock?
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 52.3889. This indicates that the stock is currently neutral.
What is the MACD signal for ITW stock?
The MACD indicator for IT WAY SPA (ITW.MI) has a value of -0.0152683, indicating a bearish trend.
What is the short term momentum for IT WAY SPA (ITW.MI) stock?
The short term momentum for IT WAY SPA (ITW.MI) is neutral.