BIT:VECP - Euronext Milan - IE00BZ163G84 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to VECP. Although VECP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, VECP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 49.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.99, a Stop Loss order could be placed below this zone.
47.19
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 VECP.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VECP.MI is up. |
ChartMill Relative Strength | 37.6 | NEUTRAL | VECP.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VECP.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VECP.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VECP.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.36 | NEUTRAL | The RSI value for VECP.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VECP.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 35.44 | NEUTRAL | The Stochastics value for VECP.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for VECP.MI suggests low volalility. |
Average Directional Index/ADX (14) | 11.38 | NEGATIVE | The low ADX value for VECP.MI suggests a weak or negative 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 |
---|---|---|---|
49.19 | 48.88 | 0.31 (0.63%) | 25.00% |
An entry @49.19. This is a Buy Stop order right above the 10 day high. | An exit @48.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 0.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.16%. |
BIT:VECP (8/20/2025, 7:00:00 PM)
49.04
+0.04 (+0.08%)