OSSIAM US MI VAR SCR NR-1AEU (SPMV.MI) Stock Technical Analysis
BIT:SPMV - Euronext Milan - IE00BHNGHX58 - ETF - Currency: EUR
Overall SPMV gets a technical rating of 3 out of 10. SPMV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of SPMV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
267.00
We found 1 important support area.
- A support zone ranging from 269.70 to 269.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SPMV.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPMV.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SPMV.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 86.43 | OVERBOUGHT | The high RSI value suggests SPMV.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.14 | POSITIVE | The MACD value suggests SPMV.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 44.12 | POSITIVE | The high ADX value value for SPMV.MI suggests a strong trend. |
BIT:SPMV (6/4/2025, 7:00:00 PM)
286.82
-3.63 (-1.25%)