BIT:MTV - Euronext Milan - IT0001447785 - Common Stock - Currency: EUR
Overall MTV gets a technical rating of 5 out of 10. Although MTV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MTV has an average technical rating and it also does not offer a high quality setup 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.
0.06
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 MTV.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTV.MI is down. |
ChartMill Relative Strength | 85 | POSITIVE | MTV.MI has a high relative strength, it outperformed 85% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTV.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTV.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTV.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.26 | NEUTRAL | The RSI value for MTV.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MTV.MI has a negative trend. |
Stochastics (14,3) | 1.9 | OVERSOLD | The low Stochastics value suggests MTV.MI may be oversold. |
Average True Range in percent/ATR (20) | 13.65 | HIGH VOLATILITY | The high ATR as a percentage value for MTV.MI suggests high volalility. |
Average Directional Index/ADX (14) | 40.92 | POSITIVE | The high ADX value value for MTV.MI suggests a strong trend. |
BIT:MTV (7/2/2025, 7:00:00 PM)
0.0622
+0 (+0.32%)