BIT:SL - Euronext Milan - IT0003549422 - Common Stock - Currency: EUR
Taking everything into account, SL scores 6 out of 10 in our technical rating. In the last year, SL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, SL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.35. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
26.48
2 important support areas can be observed.
3 important resistance areas can be observed.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
31.71 | 28.39 | 3.32 (10.47%) | 9.55% |
An entry @31.71. This is a Buy Stop order right above the resistance zone. | An exit @28.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.32 points, which is 10.47%. | When investing 9.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:SL (5/22/2025, 10:26:51 AM)
31.4
+0.05 (+0.16%)