IT WAY SPA (ITW.MI) Stock Technical Analysis
BIT:ITW - Euronext Milan - IT0003057624 - Common Stock - Currency: EUR
Overall ITW gets a technical rating of 6 out of 10. In the last year, ITW was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
68% of all other stocks performed better in the past year than ITW.
The long and short term trends are both positive. This is looking good!
ITW is part of the Electronic Equipment, Instruments & Components industry. There are 50 other stocks in this industry, ITW did better than 51% of them.
ITW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ITW is lagging the market slightly.
In the last month ITW has a been trading in the 1.05 - 1.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ITW has an average technical rating and it also 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.
More info and screens
1.29
1.98
When analyzing the support we notice one important area.
- A support zone ranging from 1.30 to 1.30. 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 1.37 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.96 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 | UP | POSITIVE | The long term trend for ITW.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITW.MI is up. |
| ChartMill Relative Strength | 32.22 | NEUTRAL | ITW.MI is not amongst the best or worst performers 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 | NEGATIVE | The current price of ITW.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.42 | NEUTRAL | The RSI value for ITW.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ITW.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.89 | NEUTRAL | The Stochastics value for ITW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for ITW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 31.68 | POSITIVE | The high ADX value value for ITW.MI suggests a strong trend. |
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)
BIT:ITW (6/18/2025, 7:00:00 PM)
1.31
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0%
1 Week-6.76%
2 Weeks3.15%
1 Month15.42%
3 Month17.17%
6 Month-4.38%
12 Month-25.57%
2 Year-15.7%
3 Year1.55%
5 Year29.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.17%
ATR Inc-13.79%
Range Today0.03
ADR(20)0.06
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.22
Mansfield-2.21
10 Day High1.48
10 Day Low1.23
20 Day High1.48
20 Day Low1.05
52 Week High2.37
52 Week Low0.78
CS1 End1.3
CR1 Start1.37
Volume & EV
DER(3)0%
DER(5)0%
Volume6.42K
Volume Incr-75.63%
Vol(5)13.91K
Vol(50)37.49K