BIT:SAC - Euronext Milan - IT0005521551 - Common Stock - Currency: EUR
Taking everything into account, SAC scores 2 out of 10 in our technical rating. SAC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, SAC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
1.06
When analyzing the support we can see 3 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 SAC.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAC.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | SAC.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 SAC.MI is below a declining SMA(20). |
Relative Strength Index/RSI (14) | 43 | NEUTRAL | The RSI value for SAC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SAC.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 27.58 | NEUTRAL | The Stochastics value for SAC.MI is a neutral value. |
Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for SAC.MI suggests high volalility. |
Average Directional Index/ADX (14) | 11.14 | NEGATIVE | The low ADX value for SAC.MI suggests a weak or negative trend. |
BIT:SAC (7/17/2025, 7:00:00 PM)
1.14
+0.03 (+2.7%)