BIT:SXLY - Euronext Milan - IE00BWBXM278 - ETF - Currency: EUR
Overall SXLY gets a technical rating of 5 out of 10. SXLY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, SXLY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
5 important support areas can be observed.
When analyzing the resistance we notice one important 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 | 68.87 | 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%)