BIT:VIX1L - Euronext Milan - XS2425315582 - ETF - Currency: EUR
Taking everything into account, VIX1L scores 2 out of 10 in our technical rating. VIX1L performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of VIX1L is bad and it also does not present a quality setup 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.
3.25
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 VIX1L.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VIX1L.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | VIX1L.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of VIX1L.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIX1L.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 45.41 | NEUTRAL | The RSI value for VIX1L.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests VIX1L.MI has a negative trend. |
Stochastics (14,3) | 7.73 | OVERSOLD | The low Stochastics value suggests VIX1L.MI may be oversold. |
Average True Range in percent/ATR (20) | 16.88 | HIGH VOLATILITY | The high ATR as a percentage value for VIX1L.MI suggests high volalility. |
Average Directional Index/ADX (14) | 20.61 | NEUTRAL | The ADX value for VIX1L.MI suggests a possible start of a new trend. |
BIT:VIX1L (6/4/2025, 7:00:00 PM)
3.2805
-0.07 (-2.19%)