TECHNOPROBE SPA (TPRO.MI) Stock Technical Analysis
BIT:TPRO - Euronext Milan - IT0005482333 - Common Stock - Currency: EUR
Taking everything into account, TPRO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TPRO is only an average performer.
Besides having an excellent technical rating, TPRO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.51. Right above this resistance zone may be a good entry point.
More info and screens
6.73
We found 1 important support area.
- Support @6.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.51 to 7.63. 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 TPRO.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPRO.MI is up. |
| ChartMill Relative Strength | 43.24 | NEUTRAL | TPRO.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TPRO.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPRO.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TPRO.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.29 | NEUTRAL | The RSI value for TPRO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TPRO.MI has a negative trend. |
| Stochastics (14,3) | 65.26 | NEUTRAL | The Stochastics value for TPRO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TPRO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for TPRO.MI suggests a possible start of a new 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 |
|---|---|---|---|
| 7.33 | 6.86 | 0.47 (6.47%) | 15.46% |
| An entry @7.33. This is a Buy Stop order right above the 10 day moving average. | An exit @6.86. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.47 points, which is 6.47%. | For a 1.00% total portfolio risk, you can invest 15.46% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:TPRO (6/19/2025, 7:00:00 PM)
7.165
-0.25 (-3.44%)