BIT:LITU - Euronext Milan - IE00BLCHJN13 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to LITU. Recently some decent action could be observed, but in the medium term time frame this is still negative. LITU was also a bad performer in the overall market in the last year.
LITU has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
5.59
When analyzing the support we can see 3 important areas.
5 important resistance areas can be observed.
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 LITU.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LITU.MI is up. |
ChartMill Relative Strength | 20.36 | NEGATIVE | LITU.MI has a low relative strength, it was outperformed by 79.64% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LITU.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LITU.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LITU.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 55.23 | NEUTRAL | The RSI value for LITU.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests LITU.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 75.64 | NEUTRAL | The Stochastics value for LITU.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for LITU.MI suggests some volalility. |
Average Directional Index/ADX (14) | 16.44 | NEGATIVE | The low ADX value for LITU.MI suggests a weak or negative trend. |
BIT:LITU (8/6/2025, 7:00:00 PM)
6.521
+0.05 (+0.82%)