BIT:MFEA - Euronext Milan - NL0015001OI1 - Common Stock - Currency: EUR
Overall MFEA gets a technical rating of 6 out of 10. Although MFEA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, MFEA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MFEA in the last couple of days, which is a good sign.
2.86
When analyzing the support we can see 5 important areas.
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 | UP | POSITIVE | The long term trend for MFEA.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFEA.MI is up. |
ChartMill Relative Strength | 43.16 | NEUTRAL | MFEA.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFEA.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MFEA.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFEA.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.92 | NEUTRAL | The RSI value for MFEA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MFEA.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 55.69 | NEUTRAL | The Stochastics value for MFEA.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for MFEA.MI suggests some volalility. |
Average Directional Index/ADX (14) | 10.14 | NEGATIVE | The low ADX value for MFEA.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
3.34 | 3.22 | 0.12 (3.71%) | 25.00% |
An entry @3.34. This is a Buy Stop order right above the resistance zone. | An exit @3.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 3.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
BIT:MFEA (6/6/2025, 7:00:00 PM)
3.302
-0.02 (-0.6%)