BIT:MN - Euronext Milan - IT0001469383 - Common Stock - Currency: EUR
Overall MN gets a technical rating of 1 out of 10. MN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for MN in the last couple of days, which is a good sign.
1.98
When analyzing the support we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for MN.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MN.MI is down. |
ChartMill Relative Strength | 27.65 | NEGATIVE | MN.MI has a low relative strength, it was outperformed by 72.35% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MN.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of MN.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MN.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 41.55 | NEUTRAL | The RSI value for MN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MN.MI has a negative trend. |
Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests MN.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for MN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 9.91 | NEGATIVE | The low ADX value for MN.MI suggests a weak or negative trend. |
BIT:MN (6/20/2025, 7:00:00 PM)
2.1
0 (-0.24%)