
Europe - Euronext Milan - BIT:SP20 - IE000VA628D5 - ETF
Taking everything into account, SP20 scores 5 out of 10 in our technical rating. In the last year, SP20 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, SP20 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.27, a Stop Loss order could be placed below this zone.
5.02
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 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 SP20.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SP20.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SP20.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 SP20.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SP20.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.66 | NEUTRAL | The RSI value for SP20.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SP20.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.11 | NEUTRAL | The Stochastics value for SP20.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for SP20.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.09 | NEUTRAL | The ADX value for SP20.MI suggests a possible start of a new trend. |
BIT:SP20 (12/23/2025, 7:00:00 PM)
5.283
+0.03 (+0.63%)
ChartMill assigns a technical rating of 5 / 10 to SP20.MI.
The current trend direction for ISHARES S&P 500 TOP 20 ETF (SP20.MI) is Bullish.
ISHARES S&P 500 TOP 20 ETF (SP20.MI) has an RSI value of 56.6593. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES S&P 500 TOP 20 ETF (SP20.MI) has a value of -0.0277353, indicating a bearish trend.
The short term momentum for ISHARES S&P 500 TOP 20 ETF (SP20.MI) is positive.