MATICA FINTEC SPA (MFT.MI) Stock Technical Analysis
BIT:MFT - Euronext Milan - IT0005388449 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to MFT. MFT 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
MFT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MFT is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 75% of 29 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that MFT is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month MFT has a been trading in the 1.55 - 1.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MFT 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 1.60, a Stop Loss order could be placed below this zone.
More info and screens
1.38
2.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.66 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.60 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.51 from a horizontal line in the weekly time frame.
- Support @1.39 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.86 from a horizontal line in the weekly time frame.
- Resistance @1.89 from a horizontal line in the daily time frame.
- Resistance @2.42 from a trend line in the daily time frame.
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 MFT.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFT.MI is down. |
| ChartMill Relative Strength | 78.23 | POSITIVE | MFT.MI has a high relative strength, it outperformed 78.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MFT.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFT.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.87 | NEUTRAL | The RSI value for MFT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MFT.MI has a positive trend. |
| Stochastics (14,3) | 31.28 | NEUTRAL | The Stochastics value for MFT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for MFT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 7.67 | NEGATIVE | The low ADX value for MFT.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:MFT (7/17/2025, 7:00:00 PM)
1.695
+0.03 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.5%
1 Week3.11%
2 Weeks2.47%
1 Month1.53%
3 Month5.06%
6 Month-24.55%
12 Month35.18%
2 Year-37.59%
3 Year-33.06%
5 Year-14.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.6%
ATR Inc-66.79%
Range Today0
ADR(20)0.06
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.23
Mansfield-3.49
10 Day High1.8
10 Day Low1.56
20 Day High1.92
20 Day Low1.56
52 Week High3.29
52 Week Low1.15
CS1 End1.6
CR1 Start1.67
Volume & EV
DER(3)0%
DER(5)0%
Volume1.80K
Volume Incr-87.39%
Vol(5)4.32K
Vol(50)30.10K