BIT:MFEB - Euronext Milan - NL0015001OJ9 - Common Stock - Currency: EUR
Taking everything into account, MFEB scores 0 out of 10 in our technical rating. MFEB'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.
MFEB has a bad technical rating, but it does show a decent setup pattern. 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 4.21, a Stop Loss order could be placed below this zone.
3.75
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 | NEUTRAL | NEUTRAL | The long term trend for MFEB.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFEB.MI is down. |
ChartMill Relative Strength | 38.84 | NEUTRAL | MFEB.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFEB.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFEB.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of MFEB.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 40.89 | NEUTRAL | The RSI value for MFEB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MFEB.MI has a negative trend. |
Stochastics (14,3) | 15.29 | OVERSOLD | The low Stochastics value suggests MFEB.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for MFEB.MI suggests some volalility. |
Average Directional Index/ADX (14) | 13.21 | NEGATIVE | The low ADX value for MFEB.MI suggests a weak or negative trend. |
BIT:MFEB (5/30/2025, 7:00:00 PM)
4.238
-0.03 (-0.8%)