RIBA MUNDO TECNOLOGIA SL (RMT.MI) Stock Technical Analysis
BIT:RMT - Euronext Milan - ES0105724001 - Common Stock - Currency: EUR
Taking everything into account, RMT scores 0 out of 10 in our technical rating. RMT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RMT has a poor technical rating and the quality of the setup is also not perfect 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.
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2.76
When analyzing the support we notice one important area.
- Support @2.79 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.21 from a horizontal line in the daily time frame.
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 RMT.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RMT.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RMT.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMT.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 26.34 | OVERSOLD | The low RSI value suggests RMT.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RMT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.91 | NEUTRAL | The Stochastics value for RMT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 34.76 | HIGH VOLATILITY | The high ATR as a percentage value for RMT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 38.63 | POSITIVE | The high ADX value value for RMT.MI suggests a strong trend. |
BIT:RMT (7/14/2025, 7:00:00 PM)
3.1
+0.28 (+9.93%)