BIT:MB - Euronext Milan - IT0000062957 - Common Stock - Currency: EUR
Taking everything into account, MB scores 8 out of 10 in our technical rating. 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 excellent technical rating, but 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
3 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 MB.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MB.MI is down. |
ChartMill Relative Strength | 88.27 | POSITIVE | MB.MI has a high relative strength, it outperformed 88.27% 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) | 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) | 41.94 | NEUTRAL | The RSI value for MB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MB.MI has a negative trend. |
Stochastics (14,3) | 10.97 | OVERSOLD | The low Stochastics value suggests MB.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for MB.MI suggests some volalility. |
Average Directional Index/ADX (14) | 25.84 | 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 |
---|---|---|---|
19.83 | 19.17 | 0.66 (3.31%) | 25.00% |
An entry @19.83. This is a Buy Stop order right above the 10 day moving average. | An exit @19.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.66 points, which is 3.31%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:MB (6/13/2025, 7:00:00 PM)
19.185
-0.33 (-1.67%)