Europe - Euronext Milan - BIT:IWB - IT0005075764 - Common Stock
Overall IWB gets a technical rating of 2 out of 10. IWB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IWB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.34, a Stop Loss order could be placed below this zone.
19.75
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important 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 | DOWN | NEGATIVE | The long term trend for IWB.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IWB.MI is down. |
| ChartMill Relative Strength | 20.29 | NEGATIVE | IWB.MI has a low relative strength, it was outperformed by 79.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IWB.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IWB.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IWB.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.81 | NEUTRAL | The RSI value for IWB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IWB.MI has a positive trend. |
| Stochastics (14,3) | 69.74 | NEUTRAL | The Stochastics value for IWB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for IWB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 41.78 | POSITIVE | The high ADX value value for IWB.MI suggests a strong trend. |
BIT:IWB (12/30/2025, 7:00:00 PM)
21.4
+0.3 (+1.42%)
ChartMill assigns a technical rating of 2 / 10 to IWB.MI.
The current trend direction for ITALIAN WINE BRANDS SPA (IWB.MI) is Bearish.
ITALIAN WINE BRANDS SPA (IWB.MI) has an RSI value of 47.8076. This indicates that the stock is currently neutral.
The MACD indicator for ITALIAN WINE BRANDS SPA (IWB.MI) has a value of 0.019562, indicating a bearish trend.
The buy/sell signal for ITALIAN WINE BRANDS SPA (IWB.MI) is sell as both the short term and long term trends are negative.