ITALIAN WINE BRANDS SPA (IWB.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:IWB - IT0005075764 - Common Stock
We assign a technical rating of 2 out of 10 to IWB. 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.
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 very little resistance above the current price. There is a support zone below the current price at 21.64, a Stop Loss order could be placed below this zone.
More info and screens
19.75
We found 2 important support areas.
- A support zone ranging from 21.00 to 21.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.95 to 20.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @22.52 from a trend line in the weekly time frame.
- A resistance zone ranging from 23.50 to 23.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.20 to 24.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for IWB.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWB.MI is up. |
| ChartMill Relative Strength | 17.25 | NEGATIVE | IWB.MI has a low relative strength, it was outperformed by 82.75% 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) | DOWN | NEGATIVE | The current price of IWB.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IWB.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.38 | NEUTRAL | The RSI value for IWB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests IWB.MI has a positive trend. |
| Stochastics (14,3) | 90.77 | OVERBOUGHT | The high Stochastics value suggests IWB.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for IWB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.29 | POSITIVE | The high ADX value value for IWB.MI suggests a strong trend. |
BIT:IWB (1/8/2026, 7:00:00 PM)
21.4
-0.3 (-1.38%)
ITALIAN WINE BRANDS SPA / IWB.MI FAQ
What is the ChartMill technical rating of ITALIAN WINE BRANDS SPA (IWB.MI) stock?
ChartMill assigns a technical rating of 3 / 10 to IWB.MI.
What is the current trend direction of ITALIAN WINE BRANDS SPA (IWB.MI) stock?
The current trend direction for ITALIAN WINE BRANDS SPA (IWB.MI) is Bearish.
Can you provide the RSI signal for ITALIAN WINE BRANDS SPA?
ITALIAN WINE BRANDS SPA (IWB.MI) has an RSI value of 52.3796. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ITALIAN WINE BRANDS SPA?
The MACD indicator for ITALIAN WINE BRANDS SPA (IWB.MI) has a value of 0.108463, indicating a bearish trend.