BIT:LTMC - Euronext Milan - IT0005541336 - Common Stock - Currency: EUR
Overall LTMC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LTMC is showing a nice and steady performance.
LTMC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
12.17
5 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 LTMC.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LTMC.MI is up. |
ChartMill Relative Strength | 97.91 | POSITIVE | LTMC.MI has a high relative strength, it outperformed 97.91% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LTMC.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LTMC.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LTMC.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 64.34 | NEUTRAL | The RSI value for LTMC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests LTMC.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 44.7 | NEUTRAL | The Stochastics value for LTMC.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for LTMC.MI suggests some volalility. |
Average Directional Index/ADX (14) | 36.3 | POSITIVE | The high ADX value value for LTMC.MI suggests a strong 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 |
---|---|---|---|
23.83 | 23.00 | 0.83 (3.48%) | 25.00% |
An entry @23.83. This is a Buy Stop order right above the resistance zone. | An exit @23.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.83 points, which is 3.48%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:LTMC (6/6/2025, 5:35:15 PM)
23.34
+0.04 (+0.17%)