BIT:RN • IT0001402269
We assign a technical rating of 0 out of 10 to RN. RN'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.
The technical rating of RN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
0.02
When analyzing the resistance we notice one important 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 | DOWN | NEGATIVE | The long term trend for RN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RN.MI is down. |
| ChartMill Relative Strength | 5.92 | NEGATIVE | RN.MI has a low relative strength, it was outperformed by 94.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RN.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 12.76 | OVERSOLD | The low RSI value suggests RN.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RN.MI has a negative trend. |
| Stochastics (14,3) | 6.72 | OVERSOLD | The low Stochastics value suggests RN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for RN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for RN.MI suggests a weak or negative trend. |
BIT:RN (2/23/2026, 4:13:46 PM)
0.016
0 (-13.98%)
ChartMill assigns a technical rating of 0 / 10 to RN.MI.
The current trend direction for RISANAMENTO SPA (RN.MI) is Bearish.
RISANAMENTO SPA (RN.MI) has an RSI value of 12.7624. This indicates that the stock is currently oversold.
The short term momentum for RISANAMENTO SPA (RN.MI) is negative.
The buy/sell signal for RISANAMENTO SPA (RN.MI) is sell as both the short term and long term trends are negative.