BIT:SXLY - Euronext Milan - IE00BWBXM278 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to SXLY. In the last year, SXLY was an 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, SXLY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 57.99. Right above this resistance zone may be a good entry point.
46.56
We found 5 important support 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 SXLY.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXLY.MI is up. |
ChartMill Relative Strength | 69.38 | NEUTRAL | SXLY.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SXLY.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SXLY.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SXLY.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.18 | NEUTRAL | The RSI value for SXLY.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests SXLY.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 82.92 | OVERBOUGHT | The high Stochastics value suggests SXLY.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for SXLY.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.7 | NEGATIVE | The low ADX value for SXLY.MI suggests a weak or negative trend. |
BIT:SXLY (7/18/2025, 7:00:00 PM)
57.4
+0.23 (+0.4%)