BIT:MB - Euronext Milan - IT0000062957 - Common Stock - Currency: EUR
Taking everything into account, MB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MB is showing a nice and steady performance.
Besides having an excellent technical rating, MB 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
13.39
When analyzing the support we can see 4 important areas.
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 MB.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MB.MI is up. |
ChartMill Relative Strength | 80.46 | POSITIVE | MB.MI has a high relative strength, it outperformed 80.46% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MB.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MB.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MB.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 63.19 | NEUTRAL | The RSI value for MB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MB.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 86.53 | OVERBOUGHT | The high Stochastics value suggests MB.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for MB.MI suggests some volalility. |
Average Directional Index/ADX (14) | 32.86 | POSITIVE | The high ADX value value for MB.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 |
---|---|---|---|
21.48 | 20.49 | 0.99 (4.61%) | 21.70% |
An entry @21.48. This is a Buy Stop order right above the resistance zone. | An exit @20.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.99 points, which is 4.61%. | When investing 21.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:MB (8/21/2025, 7:00:00 PM)
20.98
-0.3 (-1.41%)