Europe - Euronext Milan - BIT:TNXT - IT0005037210 - Common Stock
Taking everything into account, TNXT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TNXT is showing a nice and steady performance.
Although TNXT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
14.42
When analyzing the support we notice one important area.
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 TNXT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNXT.MI is up. |
| ChartMill Relative Strength | 91.57 | POSITIVE | TNXT.MI has a high relative strength, it outperformed 91.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TNXT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TNXT.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNXT.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.39 | NEUTRAL | The RSI value for TNXT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TNXT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.14 | NEUTRAL | The Stochastics value for TNXT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for TNXT.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 37.05 | POSITIVE | The high ADX value value for TNXT.MI suggests a strong trend. |
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 |
|---|---|---|---|
| 15.29 | 14.78 | 0.51 (3.34%) | 25.00% |
| An entry @15.29. This is a Buy Stop order right above the resistance zone. | An exit @14.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.51 points, which is 3.34%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:TNXT (1/9/2026, 7:00:00 PM)
15.14
+0.03 (+0.2%)
ChartMill assigns a technical rating of 9 / 10 to TNXT.MI.
The current trend direction for TINEXTA SPA (TNXT.MI) is Bullish.
TINEXTA SPA (TNXT.MI) has an RSI value of 66.3862. This indicates that the stock is currently neutral.
The short term momentum for TINEXTA SPA (TNXT.MI) is positive.
TINEXTA SPA (TNXT.MI) has a support level at 15.04 and a resistance level at 15.15. Check the full technical report for our detailed analysis of TNXT.MI support and resistance levels.