Europe - Euronext Milan - BIT:IWB - IT0005075764 - Common Stock
Taking everything into account, IWB scores 1 out of 10 in our technical rating. IWB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, IWB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.19, a Stop Loss order could be placed below this zone.
19.75
2 important support areas can be observed.
We can see 3 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 | 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 | 18.77 | NEGATIVE | IWB.MI has a low relative strength, it was outperformed by 81.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IWB.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IWB.MI is below a declining 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) | 46.68 | NEUTRAL | The RSI value for IWB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IWB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for IWB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for IWB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 40.01 | POSITIVE | The high ADX value value for IWB.MI suggests a strong trend. |
BIT:IWB (1/23/2026, 7:00:00 PM)
21.2
+0.2 (+0.95%)
ChartMill assigns a technical rating of 1 / 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 46.6785. This indicates that the stock is currently neutral.
The MACD indicator for ITALIAN WINE BRANDS SPA (IWB.MI) has a value of -0.0066094, 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.