BIT:S24 - Euronext Milan - IT0005283111 - Common Stock - Currency: EUR
Taking everything into account, S24 scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
S24 has an average technical rating and it also does not offer a high 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.
0.53
When analyzing the support we can see 5 important areas.
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 | UP | POSITIVE | The long term trend for S24.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for S24.MI is neutral. |
ChartMill Relative Strength | 88.26 | POSITIVE | S24.MI has a high relative strength, it outperformed 88.26% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of S24.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of S24.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of S24.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 53.34 | NEUTRAL | The RSI value for S24.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests S24.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 27.45 | NEUTRAL | The Stochastics value for S24.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for S24.MI suggests low volalility. |
Average Directional Index/ADX (14) | 35.91 | POSITIVE | The high ADX value value for S24.MI suggests a strong trend. |
BIT:S24 (7/21/2025, 7:00:00 PM)
1.095
+0.02 (+1.86%)