Europe - Euronext Milan - BIT:RN - IT0001402269 - Common Stock
Taking everything into account, RN scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, RN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
0.02
When analyzing the support we notice one important area.
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 | 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 | 9.56 | NEGATIVE | RN.MI has a low relative strength, it was outperformed by 90.44% 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) | 43.87 | NEUTRAL | The RSI value for RN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.89 | NEUTRAL | The Stochastics value for RN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for RN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 20.65 | NEUTRAL | The ADX value for RN.MI suggests a possible start of a new trend. |
BIT:RN (1/8/2026, 2:58:16 PM)
0.02
0 (0%)
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 43.8717. This indicates that the stock is currently neutral.
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.