BIT:MB - Euronext Milan - IT0000062957 - Common Stock - Currency: EUR
Taking everything into account, MB scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MB 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.
13.39
3 important support areas can be observed.
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 | UP | POSITIVE | The long term trend for MB.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MB.MI is neutral. |
ChartMill Relative Strength | 88.04 | POSITIVE | MB.MI has a high relative strength, it outperformed 88.04% 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) | 52.86 | NEUTRAL | The RSI value for MB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests MB.MI has a negative trend. |
Stochastics (14,3) | 23.73 | NEUTRAL | The Stochastics value for MB.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for MB.MI suggests some volalility. |
Average Directional Index/ADX (14) | 28.83 | POSITIVE | The high ADX value value for MB.MI suggests a strong trend. |
BIT:MB (6/9/2025, 12:21:13 PM)
19.91
-0.07 (-0.33%)