BIT:MFEB - Euronext Milan - NL0015001OJ9 - Common Stock - Currency: EUR
Overall MFEB gets a technical rating of 2 out of 10. MFEB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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 4.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.07, 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.
3.75
3 important support areas can be observed.
2 important resistance areas can be observed.
BIT:MFEB (5/9/2025, 5:29:29 PM)
4.224
-0.01 (-0.33%)