MONRIF SPA (MON.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:MON - IT0000066016 - Common Stock
Taking everything into account, MON scores 6 out of 10 in our technical rating. In the last year, MON was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MON has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
0.05
We found 1 important support area.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.06 from a trend line in the daily time frame.
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 | UP | POSITIVE | The long term trend for MON.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MON.MI is up. |
| ChartMill Relative Strength | 30.03 | NEUTRAL | MON.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MON.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MON.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MON.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.61 | NEUTRAL | The RSI value for MON.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MON.MI has a negative trend. |
| Stochastics (14,3) | 30.77 | NEUTRAL | The Stochastics value for MON.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MON.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 53.9 | POSITIVE | The high ADX value value for MON.MI suggests a strong trend. |
BIT:MON (5/7/2025, 7:00:00 PM)
0.054
0 (0%)
MONRIF SPA / MON.MI FAQ
What is the technical rating for MON stock?
ChartMill assigns a technical rating of 6 / 10 to MON.MI.
What is the trend direction for MON stock?
The current trend direction for MONRIF SPA (MON.MI) is Bullish.
Can you provide the RSI signal for MONRIF SPA?
MONRIF SPA (MON.MI) has an RSI value of 59.6082. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MONRIF SPA?
The MACD indicator for MONRIF SPA (MON.MI) has a value of -0.0000992318, indicating a bearish trend.
What are the support and resistance levels for MONRIF SPA (MON.MI) stock?
MONRIF SPA (MON.MI) has a support level at 0.05 and a resistance level at 0.06. Check the full technical report for our detailed analysis of MON.MI support and resistance levels.