MAGIS SPA/CERRETO GUIDI (MGS.MI) Stock Technical Analysis
BIT:MGS • IT0005525347
Taking everything into account, MGS scores 3 out of 10 in our technical rating. MGS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, MGS is a bad performer in the overall market: 100% of all stocks are doing better.
- MGS is part of the Chemicals industry. There are 66 other stocks in this industry, of which 89% are performing better than MGS.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: MGS has an average volume of 5666 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month MGS has a been trading in the 8.90 - 10.40 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
9.90
We found 1 important resistance area.
- A resistance zone ranging from 10.01 to 10.06. 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 | UP | POSITIVE | The short term trend for MGS.MI is up. |
| 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 | MIXED | The current price of MGS.MI is above 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) | 50.93 | NEUTRAL | The RSI value for MGS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MGS.MI has a positive trend. |
| Stochastics (14,3) | 85.56 | OVERBOUGHT | The high Stochastics value suggests MGS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for MGS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.51 | POSITIVE | The high ADX value value for MGS.MI suggests a strong trend. |
BIT:MGS (2/18/2026, 7:00:00 PM)
10
0 (0%)
MAGIS SPA/CERRETO GUIDI / MGS.MI FAQ
What is the ChartMill technical rating of MAGIS SPA/CERRETO GUIDI (MGS.MI) stock?
ChartMill assigns a technical rating of 3 / 10 to MGS.MI.
Can you provide the trend direction for MAGIS SPA/CERRETO GUIDI?
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 50.9256. This indicates that the stock is currently neutral.
What is the MACD signal for MAGIS SPA/CERRETO GUIDI (MGS.MI) stock?
The MACD indicator for MAGIS SPA/CERRETO GUIDI (MGS.MI) has a value of 0.14229, indicating a bearish trend.
What is the buy/sell signal for MAGIS SPA/CERRETO GUIDI (MGS.MI) stock?
The buy/sell signal for MAGIS SPA/CERRETO GUIDI (MGS.MI) is buy as both the short term and long term trends are positive.