MONDO TV SPA (MTV.MI) Stock Technical Analysis
BIT:MTV - Euronext Milan - IT0001447785 - Common Stock - Currency: EUR
Taking everything into account, MTV scores 6 out of 10 in our technical rating. In the past year, MTV was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MTV is one of the better performing stocks in the Entertainment industry, it outperforms 97% of 43 stocks in the same industry.
MTV has an average volume of 2627680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MTV is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MTV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTV is lagging the market.
In the last month MTV has a been trading in the 0.06 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, MTV does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.
More info and screens
0.07
0.08
We found 2 important support areas.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.07 to 0.07. 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 @0.08 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 | NEUTRAL | NEUTRAL | The long term trend for MTV.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTV.MI is up. |
| ChartMill Relative Strength | 98.26 | POSITIVE | MTV.MI has a high relative strength, it outperformed 98.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MTV.MI is above a declining 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) | 57.37 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 67.43 | NEUTRAL | The Stochastics value for MTV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for MTV.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.41 | POSITIVE | The high ADX value value for MTV.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.09 | 0.06 | 0.03 (30.00%) | 3.33% |
| An entry @0.09. This is a Buy Stop order right above the resistance zone. | An exit @0.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 30.00%. | When investing 3.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:MTV (7/23/2025, 7:00:00 PM)
0.0808
+0 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.25%
1 Week10.68%
2 Weeks0%
1 Month-9.42%
3 Month251.3%
6 Month-28.11%
12 Month-60.78%
2 Year-80.62%
3 Year-87.41%
5 Year-95.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.92%
ATR Inc-1.7%
Range Today0
ADR(20)0
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.26
Mansfield-3.04
10 Day High0.09
10 Day Low0.07
20 Day High0.09
20 Day Low0.06
52 Week High0.21
52 Week Low0.02
CS1 End0.08
CR1 Start0.08
Volume & EV
DER(3)-0.06%
DER(5)0.1%
Volume778.79K
Volume Incr31.07%
Vol(5)3.01M
Vol(50)2.63M