NEODECORTECH SPA (NDT.MI) Stock Technical Analysis
BIT:NDT - Euronext Milan - IT0005275778 - Common Stock - Currency: EUR
Overall NDT gets a technical rating of 0 out of 10. NDT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NDT is a bad performer in the overall market: 88% of all stocks are doing better.
NDT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: NDT has an average volume of 12475 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month NDT has a been trading in the 2.38 - 3.24 range, which is quite wide. It is currently trading near the high of this range.
NDT is an average performer in the Paper & Forest Products industry, it outperforms 55% of 10 stocks in the same industry.
Although the technical rating is bad, NDT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.99. Right above this resistance zone may be a good entry point.
More info and screens
2.50
3.37
When analyzing the support we can see 3 important areas.
- Support @2.85 from a horizontal line in the daily time frame.
- A support zone ranging from 2.73 to 2.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.53 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.99 to 3.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.16 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.30 to 3.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NDT.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NDT.MI is neutral. |
| ChartMill Relative Strength | 12.63 | NEGATIVE | NDT.MI has a low relative strength, it was outperformed by 87.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NDT.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NDT.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NDT.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.2 | NEUTRAL | The RSI value for NDT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NDT.MI has a positive trend. |
| Stochastics (14,3) | 60.47 | NEUTRAL | The Stochastics value for NDT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for NDT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.81 | NEGATIVE | The low ADX value for NDT.MI suggests a weak or negative 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)
BIT:NDT (7/4/2025, 7:00:00 PM)
2.96
+0.1 (+3.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg3.5%
1 Week-2.63%
2 Weeks17.46%
1 Month-8.92%
3 Month5.34%
6 Month-7.5%
12 Month-29.69%
2 Year-11.64%
3 Year-23.51%
5 Year-8.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.33%
ATR Inc-29.24%
Range Today0.14
ADR(20)0.12
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.63
Mansfield-3.17
10 Day High3.16
10 Day Low2.64
20 Day High3.24
20 Day Low2.38
52 Week High4.5
52 Week Low2.38
CS1 End2.85
CR1 Start2.99
Volume & EV
DER(3)0%
DER(5)0%
Volume21.06K
Volume Incr2.27%
Vol(5)11.01K
Vol(50)12.48K