BIT:MCHT - IE00BM8QS095 - ETF
We assign a technical rating of 8 out of 10 to MCHT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MCHT is only an average performer.
Although MCHT has an excellent technical rating, it does not offer a high quality setup 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.
23.67
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 MCHT.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCHT.MI is up. |
ChartMill Relative Strength | 51.28 | NEUTRAL | MCHT.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCHT.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCHT.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 66.77 | NEUTRAL | The RSI value for MCHT.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests MCHT.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 96.48 | OVERBOUGHT | The high Stochastics value suggests MCHT.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for MCHT.MI suggests low volalility. |
Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for MCHT.MI suggests a weak or negative trend. |
BIT:MCHT (9/9/2025, 7:00:00 PM)
28.07
+0.24 (+0.86%)