IT WAY SPA (ITW.MI) Stock Technical Analysis
Europe - BIT:ITW - IT0003057624 - Common Stock
Taking everything into account, ITW scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ITW is a bad performer.
ITW has an average technical rating and the quality of the presented setup is also not ideal 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
1.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.35 to 1.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.18 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.48 from a trend line in the daily time frame.
- Resistance @1.52 from a horizontal line in the weekly time frame.
- Resistance @1.88 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 | NEUTRAL | NEUTRAL | The short term trend for ITW.MI is neutral. |
| ChartMill Relative Strength | 23.76 | NEGATIVE | ITW.MI has a low relative strength, it was outperformed by 76.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ITW.MI is below 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) | 49.19 | 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. |
| Stochastics (14,3) | 39.84 | NEUTRAL | The Stochastics value for ITW.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for ITW.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.74 | NEUTRAL | The ADX value for ITW.MI suggests a possible start of a new trend. |
BIT:ITW (11/13/2025, 7:00:00 PM)
1.37
-0.03 (-2.49%)
IT WAY SPA / ITW.MI FAQ
Can you provide the ChartMill technical rating for IT WAY SPA?
ChartMill assigns a technical rating of 6 / 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 Bullish.
What is the RSI signal for IT WAY SPA (ITW.MI) stock?
IT WAY SPA (ITW.MI) has an RSI value of 49.1926. 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 -0.00984051, 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.