Europe - Euronext Milan - BIT:MB - IT0000062957 - Common Stock
We assign a technical rating of 6 out of 10 to MB. MB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, MB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.75, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
15.79
When analyzing the support we can see 3 important areas.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for MB.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MB.MI is up. |
| ChartMill Relative Strength | 69.28 | NEUTRAL | MB.MI is not amongst the best or worst performers 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 | MIXED | The current price of MB.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.91 | NEUTRAL | The RSI value for MB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MB.MI has a positive trend. |
| Stochastics (14,3) | 78.76 | NEUTRAL | The Stochastics value for MB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for MB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.93 | NEUTRAL | The ADX value for MB.MI suggests a possible start of a new 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 |
|---|---|---|---|
| 18.14 | 17.29 | 0.85 (4.69%) | 21.34% |
| An entry @18.14. This is a Buy Stop order right above the resistance zone. | An exit @17.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.85 points, which is 4.69%. | When investing 21.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:MB (1/9/2026, 7:00:00 PM)
18.115
+0.12 (+0.67%)
ChartMill assigns a technical rating of 6 / 10 to MB.MI.
The current trend direction for MEDIOBANCA SPA (MB.MI) is Bearish.
MEDIOBANCA SPA (MB.MI) has an RSI value of 66.9095. This indicates that the stock is currently neutral.
The MACD indicator for MEDIOBANCA SPA (MB.MI) has a value of 0.0848479, indicating a bearish trend.
The short term momentum for MEDIOBANCA SPA (MB.MI) is positive.