BIT:IWMO - Euronext Milan - IE00BP3QZ825 - ETF - Currency: EUR
Overall IWMO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IWMO is only an average performer.
IWMO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 78.13, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
65.00
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 IWMO.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWMO.MI is up. |
ChartMill Relative Strength | 63.92 | NEUTRAL | IWMO.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWMO.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWMO.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWMO.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.79 | NEUTRAL | The RSI value for IWMO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests IWMO.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 52.03 | NEUTRAL | The Stochastics value for IWMO.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for IWMO.MI suggests low volalility. |
Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for IWMO.MI suggests a weak or negative 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 |
---|---|---|---|
79.14 | 76.58 | 2.56 (3.23%) | 25.00% |
An entry @79.14. This is a Buy Stop order right above the resistance zone. | An exit @76.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.56 points, which is 3.23%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:IWMO (8/5/2025, 7:00:00 PM)
78.46
-0.11 (-0.14%)