BIT:IWB - IT0005075764 - Common Stock
Overall IWB gets a technical rating of 6 out of 10. IWB 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, IWB does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 22.10. Right above this resistance zone may be a good entry point.
19.75
We found 2 important support areas.
We can see 2 important resistance areas.
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 IWB.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWB.MI is up. |
ChartMill Relative Strength | 39.03 | NEUTRAL | IWB.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWB.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWB.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWB.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 63.84 | NEUTRAL | The RSI value for IWB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests IWB.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 81.6 | OVERBOUGHT | The high Stochastics value suggests IWB.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for IWB.MI suggests some volalility. |
Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for IWB.MI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
22.35 | 20.59 | 1.76 (7.87%) | 12.70% |
An entry @22.35. This is a Buy Stop order right above the resistance zone. | An exit @20.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.76 points, which is 7.87%. | For a 1.00% total portfolio risk, you can invest 12.70% of your capital in this trade. |
BIT:IWB (9/9/2025, 7:00:00 PM)
22.1
0 (0%)