BIT:REY - Euronext Milan - IT0005282865 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to REY. REY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of REY is bad and it also does not present a quality setup 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.
132.66
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 REY.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REY.MI is down. |
ChartMill Relative Strength | 40.63 | NEUTRAL | REY.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REY.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REY.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of REY.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 34.73 | NEUTRAL | The RSI value for REY.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.39 | NEGATIVE | The MACD value suggests REY.MI has a negative trend. |
Stochastics (14,3) | 5.24 | OVERSOLD | The low Stochastics value suggests REY.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for REY.MI suggests some volalility. |
Average Directional Index/ADX (14) | 18.87 | NEGATIVE | The low ADX value for REY.MI suggests a weak or negative trend. |
BIT:REY (5/23/2025, 7:00:00 PM)
142.9
-1.6 (-1.11%)