BIT:MFEA - Euronext Milan - NL0015001OI1 - Common Stock - Currency: EUR
Overall MFEA gets a technical rating of 0 out of 10. MFEA'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.
MFEA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.90. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MFEA in the last couple of days, which is a good sign.
2.72
When analyzing the support we notice one important area.
We can see 5 important resistance areas.
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 MFEA.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFEA.MI is down. |
ChartMill Relative Strength | 17.27 | NEGATIVE | MFEA.MI has a low relative strength, it was outperformed by 82.73% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFEA.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFEA.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of MFEA.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 28.64 | OVERSOLD | The low RSI value suggests MFEA.MI may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MFEA.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 10.06 | OVERSOLD | The low Stochastics value suggests MFEA.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for MFEA.MI suggests some volalility. |
Average Directional Index/ADX (14) | 39.91 | POSITIVE | The high ADX value value for MFEA.MI suggests a strong trend. |
BIT:MFEA (7/4/2025, 7:00:00 PM)
2.844
-0.05 (-1.86%)