Europe - Euronext Milan - BIT:VARV - IT0005568461 - Common Stock
Taking everything into account, VARV scores 3 out of 10 in our technical rating. VARV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
VARV has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
7.32
We found 1 important support area.
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 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. |
| Relative Strength Index/RSI (14) | 45.01 | NEUTRAL | The RSI value for VARV.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests VARV.MI has a negative trend. |
| Stochastics (14,3) | 26.47 | NEUTRAL | The Stochastics value for VARV.MI is a neutral value. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for VARV.MI suggests a possible start of a new trend. |
BIT:VARV (12/3/2025, 7:00:00 PM)
7.75
+0.35 (+4.73%)
ChartMill assigns a technical rating of 3 / 10 to VARV.MI.
The current trend direction for SBE-VARVIT-SPA (VARV.MI) is Bullish.
SBE-VARVIT-SPA (VARV.MI) has an RSI value of 45.0132. This indicates that the stock is currently neutral.
The short term momentum for SBE-VARVIT-SPA (VARV.MI) is positive.
The buy/sell signal for SBE-VARVIT-SPA (VARV.MI) is buy as both the short term and long term trends are positive.