BIT:MDBE - LU1852211991 - ETF
Overall MDBE gets a technical rating of 4 out of 10. In the last year, MDBE was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MDBE has an average technical rating and it also 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.
9.29
We found 2 important support areas.
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 MDBE.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDBE.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | MDBE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDBE.MI is above the rising SMA(20). |
Relative Strength Index/RSI (14) | 71.86 | OVERBOUGHT | The high RSI value suggests MDBE.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MDBE.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests MDBE.MI may be overbought. |
Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for MDBE.MI suggests low volalility. |
Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for MDBE.MI suggests a possible start of a new trend. |
BIT:MDBE (9/9/2025, 11:58:59 AM)
10.19
+0.04 (+0.39%)