BIT:MB - Euronext Milan - IT0000062957 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to MB. In the last year, MB was one of the better performers, but we do observe some doubts in the very recent evolution.
MB has an average technical rating and also the quality of the setup is 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.
13.39
We found 3 important support areas.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for MB.MI is down. |
ChartMill Relative Strength | 79.52 | POSITIVE | MB.MI has a high relative strength, it outperformed 79.52% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MB.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MB.MI is below a declining 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) | 36.09 | NEUTRAL | The RSI value for MB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MB.MI has a negative trend. |
Stochastics (14,3) | 11.81 | OVERSOLD | The low Stochastics value suggests MB.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for MB.MI suggests some volalility. |
Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for MB.MI suggests a possible start of a new trend. |
BIT:MB (7/15/2025, 1:38:00 PM)
18.38
+0.13 (+0.71%)