Europe - Euronext Milan - BIT:MN - IT0001469383 - Common Stock
We assign a technical rating of 0 out of 10 to MN. 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.
MN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.06, a Stop Loss order could be placed below this zone.
1.97
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The short term trend for MN.MI is down. |
| ChartMill Relative Strength | 30.44 | NEUTRAL | MN.MI is not amongst the best or worst performers 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) | 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) | 44.68 | NEUTRAL | The RSI value for MN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.14 | NEUTRAL | The Stochastics value for MN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for MN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.69 | POSITIVE | The high ADX value value for MN.MI suggests a strong trend. |
BIT:MN (11/28/2025, 7:00:00 PM)
2.06
0 (-0.24%)
ChartMill assigns a technical rating of 0 / 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 44.6784. This indicates that the stock is currently neutral.
The MACD indicator for ARNOLDO MONDADORI EDITORE (MN.MI) has a value of -0.000980873, indicating a bearish trend.
The buy/sell signal for ARNOLDO MONDADORI EDITORE (MN.MI) is sell as both the short term and long term trends are negative.