Europe - Euronext Milan - BIT:MNL - IT0005338139 - Common Stock
We assign a technical rating of 1 out of 10 to MNL. MNL 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, MNL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.92, a Stop Loss order could be placed below this zone.
0.91
When analyzing the support we notice one important area.
3 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 MNL.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MNL.MI is down. |
| ChartMill Relative Strength | 1.47 | NEGATIVE | MNL.MI has a low relative strength, it was outperformed by 98.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MNL.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNL.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.2 | NEUTRAL | The RSI value for MNL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MNL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.5 | OVERSOLD | The low Stochastics value suggests MNL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 10.06 | HIGH VOLATILITY | The high ATR as a percentage value for MNL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 8.82 | NEGATIVE | The low ADX value for MNL.MI suggests a weak or negative trend. |
BIT:MNL (1/5/2026, 7:00:00 PM)
0.946
+0.02 (+2.6%)
ChartMill assigns a technical rating of 1 / 10 to MNL.MI.
The current trend direction for MONNALISA SPA (MNL.MI) is Bearish.
MONNALISA SPA (MNL.MI) has an RSI value of 41.1961. This indicates that the stock is currently neutral.
The MACD indicator for MONNALISA SPA (MNL.MI) has a value of -0.00210413, indicating a bearish trend.
The buy/sell signal for MONNALISA SPA (MNL.MI) is sell as both the short term and long term trends are negative.