
Europe - Euronext Milan - BIT:MIB3S - XS2425319816 - ETF
Overall MIB3S gets a technical rating of 0 out of 10. MIB3S scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MIB3S is bad and it also does not present a quality setup 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.
6.31
We found 1 important resistance area.
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 MIB3S.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIB3S.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MIB3S.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 MIB3S.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIB3S.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.96 | NEUTRAL | The RSI value for MIB3S.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests MIB3S.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.33 | NEUTRAL | The Stochastics value for MIB3S.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.88 | HIGH VOLATILITY | The high ATR as a percentage value for MIB3S.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.69 | POSITIVE | The high ADX value value for MIB3S.MI suggests a strong trend. |
BIT:MIB3S (12/3/2025, 7:00:00 PM)
6.373
-0.3 (-4.54%)
ChartMill assigns a technical rating of 0 / 10 to MIB3S.MI.
The current trend direction for SG ETC FTSE MIB 3XSHRT COL (MIB3S.MI) is Bearish.
SG ETC FTSE MIB 3XSHRT COL (MIB3S.MI) has an RSI value of 34.9619. This indicates that the stock is currently neutral.
The short term momentum for SG ETC FTSE MIB 3XSHRT COL (MIB3S.MI) is negative.
The buy/sell signal for SG ETC FTSE MIB 3XSHRT COL (MIB3S.MI) is sell as both the short term and long term trends are negative.