Europe - BIT:MTV - IT0001447785 - Common Stock
We assign a technical rating of 0 out of 10 to MTV. MTV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MTV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
0.06
When analyzing the resistance we notice one important 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 | DOWN | NEGATIVE | The long term trend for MTV.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTV.MI is down. |
| ChartMill Relative Strength | 3.6 | NEGATIVE | MTV.MI has a low relative strength, it was outperformed by 96.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTV.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTV.MI is below a declining 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) | 40.51 | 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) | 21.21 | NEUTRAL | The Stochastics value for MTV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for MTV.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 8.56 | NEGATIVE | The low ADX value for MTV.MI suggests a weak or negative trend. |
BIT:MTV (11/7/2025, 7:00:00 PM)
0.0614
0 (-0.97%)
ChartMill assigns a technical rating of 0 / 10 to MTV.MI.
The current trend direction for MONDO TV SPA (MTV.MI) is Bearish.
MONDO TV SPA (MTV.MI) has an RSI value of 40.5091. This indicates that the stock is currently neutral.
The short term momentum for MONDO TV SPA (MTV.MI) is negative.
MONDO TV SPA (MTV.MI) has a resistance level at 0.06. Check the full technical report for our detailed analysis of MTV.MI support and resistance levels.