BIT:RFG - Euronext Milan - IT0005466963 - Common Stock - Currency: EUR
Overall RFG gets a technical rating of 6 out of 10. In the last year, RFG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
RFG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.63, a Stop Loss order could be placed below this zone.
4.03
We found 2 important support areas.
When analyzing the resistance we notice 4 important 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 | UP | POSITIVE | The long term trend for RFG.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFG.MI is up. |
ChartMill Relative Strength | 39.83 | NEUTRAL | RFG.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFG.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFG.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 61.59 | NEUTRAL | The RSI value for RFG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RFG.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 65 | NEUTRAL | The Stochastics value for RFG.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for RFG.MI suggests some volalility. |
Average Directional Index/ADX (14) | 21.42 | NEUTRAL | The ADX value for RFG.MI suggests a possible start of a new 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 |
---|---|---|---|
4.79 | 4.48 | 0.31 (6.47%) | 15.45% |
An entry @4.79. This is a Buy Stop order right above the resistance zone. | An exit @4.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 6.47%. | For a 1.00% total portfolio risk, you can invest 15.45% of your capital in this trade. |
BIT:RFG (7/4/2025, 7:00:00 PM)
4.73
-0.01 (-0.21%)