BIT:LMG - Euronext Milan - IT0004522162 - Common Stock - Currency: EUR
Overall LMG gets a technical rating of 0 out of 10. LMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LMG 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.
0.93
3 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 | DOWN | NEGATIVE | The long term trend for LMG.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMG.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | LMG.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMG.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMG.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 38.66 | NEUTRAL | The RSI value for LMG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LMG.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 21.74 | NEUTRAL | The Stochastics value for LMG.MI is a neutral value. |
Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for LMG.MI suggests high volalility. |
Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for LMG.MI suggests a possible start of a new trend. |
BIT:LMG (5/19/2025, 7:00:00 PM)
0.935
-0.04 (-4.59%)