BIT:REMX - Euronext Milan - IE0002PG6CA6 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to REMX. Both in the recent history as in the last year, REMX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although REMX has an excellent technical rating, the quality of the presented setup is not ideal 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.
6.21
We found 4 important support areas.
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 | UP | POSITIVE | The long term trend for REMX.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REMX.MI is up. |
ChartMill Relative Strength | 85.66 | POSITIVE | REMX.MI has a high relative strength, it outperformed 85.66% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REMX.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REMX.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REMX.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 62.79 | NEUTRAL | The RSI value for REMX.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests REMX.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 52.78 | NEUTRAL | The Stochastics value for REMX.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for REMX.MI suggests some volalility. |
Average Directional Index/ADX (14) | 37.42 | POSITIVE | The high ADX value value for REMX.MI suggests a strong trend. |
BIT:REMX (8/6/2025, 7:00:00 PM)
8.64
+0.13 (+1.58%)