MAGIS SPA/CERRETO GUIDI (MGS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:MGS - IT0005525347 - Common Stock
We assign a technical rating of 1 out of 10 to MGS. MGS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
MGS has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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9.50
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.21 to 10.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MGS.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGS.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MGS.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGS.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.73 | NEUTRAL | The RSI value for MGS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MGS.MI has a positive trend. |
| Stochastics (14,3) | 21.21 | NEUTRAL | The Stochastics value for MGS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MGS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.27 | POSITIVE | The high ADX value value for MGS.MI suggests a strong trend. |
BIT:MGS (12/4/2025, 7:00:00 PM)
9.6
+0.1 (+1.05%)
MAGIS SPA/CERRETO GUIDI / MGS.MI FAQ
Can you provide the ChartMill technical rating for MAGIS SPA/CERRETO GUIDI?
ChartMill assigns a technical rating of 1 / 10 to MGS.MI.
What is the current trend direction of MAGIS SPA/CERRETO GUIDI (MGS.MI) stock?
The current trend direction for MAGIS SPA/CERRETO GUIDI (MGS.MI) is Bullish.
What is the RSI signal for MGS stock?
MAGIS SPA/CERRETO GUIDI (MGS.MI) has an RSI value of 34.7329. This indicates that the stock is currently neutral.
What is the MACD signal for MGS stock?
The MACD indicator for MAGIS SPA/CERRETO GUIDI (MGS.MI) has a value of 0.0140046, indicating a bearish trend.
What is the short term momentum for MGS stock?
The short term momentum for MAGIS SPA/CERRETO GUIDI (MGS.MI) is negative.