SBE-VARVIT-SPA (VARV.MI) Technical Analysis
BIT:VARV • IT0005568461
Current stock price
VARV.MI Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to VARV. In the last year, VARV was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, VARV is a bad performer in the overall market: 100% of all stocks are doing better.
- VARV is one of the lesser performing stocks in the Machinery industry. 91% of 99 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month VARV has a been trading in the 7.10 - 8.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VARV.MI Weekly and Daily overview Charts
VARV.MI Setup Rating and Analysis
Although the technical rating is bad, VARV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 7.49, a Stop Loss order could be placed below this zone.
More info and screens
VARV.MI Support and Resistance Analysis
7.28
We found 1 important support area.
- A support zone ranging from 7.35 to 7.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @8.81 from a horizontal line in the daily time frame.
VARV.MI Technical Indicator Signal Analysis
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 VARV.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VARV.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VARV.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VARV.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 48.27 | NEUTRAL | The RSI value for VARV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests VARV.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.27 | NEUTRAL | The Stochastics value for VARV.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for VARV.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for VARV.MI suggests a possible start of a new trend. |
VARV.MI Chart- and CandleStick Pattern Analysis
VARV.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:VARV (4/22/2026, 7:00:00 PM)
7.9
+0.4 (+5.33%)
SBE-VARVIT-SPA / VARV.MI TA FAQ
What is the technical rating for VARV stock?
ChartMill assigns a technical rating of 3 / 10 to VARV.MI.
What is the current trend direction of SBE-VARVIT-SPA (VARV.MI) stock?
The current trend direction for SBE-VARVIT-SPA (VARV.MI) is Bullish.
What is the RSI signal for SBE-VARVIT-SPA (VARV.MI) stock?
SBE-VARVIT-SPA (VARV.MI) has an RSI value of 48.2706. This indicates that the stock is currently neutral.
What is the MACD signal for VARV stock?
The MACD indicator for SBE-VARVIT-SPA (VARV.MI) has a value of -0.306255, indicating a bearish trend.
Can you provide the buy/sell signal for SBE-VARVIT-SPA?
The buy/sell signal for SBE-VARVIT-SPA (VARV.MI) is buy as both the short term and long term trends are positive.