Europe - Euronext Milan - BIT:MFEB - NL0015001OJ9 - Common Stock
Overall MFEB gets a technical rating of 1 out of 10. MFEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MFEB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MFEB in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
3.73
When analyzing the support we can see 3 important 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 | DOWN | NEGATIVE | The long term trend for MFEB.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFEB.MI is up. |
| ChartMill Relative Strength | 24.63 | NEGATIVE | MFEB.MI has a low relative strength, it was outperformed by 75.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MFEB.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MFEB.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MFEB.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.24 | NEUTRAL | The RSI value for MFEB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MFEB.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.91 | OVERBOUGHT | The high Stochastics value suggests MFEB.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for MFEB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for MFEB.MI suggests a weak or negative trend. |
BIT:MFEB (1/2/2026, 7:00:00 PM)
4.052
-0.06 (-1.41%)
ChartMill assigns a technical rating of 1 / 10 to MFEB.MI.
The current trend direction for MFE-MEDIAFOREUROPE NV-CL B (MFEB.MI) is Bearish.
MFE-MEDIAFOREUROPE NV-CL B (MFEB.MI) has an RSI value of 52.2437. This indicates that the stock is currently neutral.
The buy/sell signal for MFE-MEDIAFOREUROPE NV-CL B (MFEB.MI) is hold as the short term and long term trends are mixed.
MFE-MEDIAFOREUROPE NV-CL B (MFEB.MI) has a support level at 4.04 and a resistance level at 4.06. Check the full technical report for our detailed analysis of MFEB.MI support and resistance levels.