Europe - Euronext Milan - BIT:MET - IT0005481855 - Common Stock
We assign a technical rating of 1 out of 10 to MET. MET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MET has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
1.43
3 important support areas can be observed.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for MET.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MET.MI is neutral. |
| ChartMill Relative Strength | 10.44 | NEGATIVE | MET.MI has a low relative strength, it was outperformed by 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MET.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MET.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.22 | NEUTRAL | The RSI value for MET.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MET.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.42 | NEUTRAL | The Stochastics value for MET.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.8 | HIGH VOLATILITY | The high ATR as a percentage value for MET.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for MET.MI suggests a possible start of a new trend. |
BIT:MET (11/27/2025, 7:00:00 PM)
1.97
+0.04 (+2.07%)
ChartMill assigns a technical rating of 1 / 10 to MET.MI.
The current trend direction for MET.EXTRA GROUP SPA (MET.MI) is Bearish.
MET.EXTRA GROUP SPA (MET.MI) has an RSI value of 53.2191. This indicates that the stock is currently neutral.
The MACD indicator for MET.EXTRA GROUP SPA (MET.MI) has a value of 0.00999679, indicating a bearish trend.