Europe - BIT:PIRC - IT0005278236 - Common Stock
Overall PIRC gets a technical rating of 6 out of 10. PIRC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, PIRC 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 6.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.08, a Stop Loss order could be placed below this zone.
5.66
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 PIRC.MI is up. | 
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIRC.MI is up. | 
| ChartMill Relative Strength | 60.6 | NEUTRAL | PIRC.MI is not amongst the best or worst performers on the market. | 
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIRC.MI is above the rising SMA(20). | 
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIRC.MI is above the rising SMA(50). | 
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIRC.MI is above the rising SMA(200). | 
| Relative Strength Index/RSI (14) | 57.49 | NEUTRAL | The RSI value for PIRC.MI is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PIRC.MI has a positive trend, although the MACD value is declining. | 
| Stochastics (14,3) | 88.42 | OVERBOUGHT | The high Stochastics value suggests PIRC.MI may be overbought. | 
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for PIRC.MI suggests low volalility. | 
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for PIRC.MI suggests a weak or negative trend. | 
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 | 
|---|---|---|---|
| 6.13 | 5.87 | 0.26 (4.27%) | 23.40% | 
| An entry @6.13. This is a Buy Stop order right above the resistance zone. | An exit @5.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 4.27%. | For a 1.00% total portfolio risk, you can invest 23.40% of your capital in this trade. | 
BIT:PIRC (10/30/2025, 7:00:00 PM)
6.1
+0.01 (+0.16%)
ChartMill assigns a technical rating of 6 / 10 to PIRC.MI.
The current trend direction for PIRELLI & C SPA (PIRC.MI) is Bullish.
PIRELLI & C SPA (PIRC.MI) has an RSI value of 57.4859. This indicates that the stock is currently neutral.
The MACD indicator for PIRELLI & C SPA (PIRC.MI) has a value of 0.0120817, indicating a bearish trend.
The buy/sell signal for PIRELLI & C SPA (PIRC.MI) is buy as both the short term and long term trends are positive.