Europe - Euronext Milan - BIT:MN - IT0001469383 - Common Stock
Taking everything into account, MN scores 1 out of 10 in our technical rating. MN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.05, a Stop Loss order could be placed below this zone.
1.97
We found 1 important support area.
2 important resistance areas can be observed.
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 MN.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MN.MI is neutral. |
| ChartMill Relative Strength | 26.98 | NEGATIVE | MN.MI has a low relative strength, it was outperformed by 73.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MN.MI is below a declining 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) | 52 | NEUTRAL | The RSI value for MN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MN.MI has a positive trend. |
| Stochastics (14,3) | 72.99 | NEUTRAL | The Stochastics value for MN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for MN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 29.06 | POSITIVE | The high ADX value value for MN.MI suggests a strong trend. |
BIT:MN (12/23/2025, 5:27:58 PM)
2.063
+0 (+0.15%)
ChartMill assigns a technical rating of 1 / 10 to MN.MI.
The current trend direction for ARNOLDO MONDADORI EDITORE (MN.MI) is Bearish.
ARNOLDO MONDADORI EDITORE (MN.MI) has an RSI value of 51.9977. This indicates that the stock is currently neutral.
The MACD indicator for ARNOLDO MONDADORI EDITORE (MN.MI) has a value of 0.00463873, indicating a bearish trend.