WIIT SPA (WIIT.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:WIIT - IT0005440893 - Common Stock
We assign a technical rating of 4 out of 10 to WIIT. In the last year, WIIT was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
WIIT has only a medium technical rating, but it does show 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 19.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WIIT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.40
3 important support areas can be observed.
- A support zone ranging from 19.10 to 19.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.10 to 18.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.58 to 17.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.68 to 20.30. 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 WIIT.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WIIT.MI is neutral. |
| ChartMill Relative Strength | 33.04 | NEUTRAL | WIIT.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WIIT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WIIT.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WIIT.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.1 | NEUTRAL | The RSI value for WIIT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WIIT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.22 | NEUTRAL | The Stochastics value for WIIT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for WIIT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 9.26 | NEGATIVE | The low ADX value for WIIT.MI suggests a weak or negative trend. |
BIT:WIIT (12/23/2025, 5:29:54 PM)
19.48
-0.02 (-0.1%)
WIIT SPA / WIIT.MI FAQ
What is the ChartMill technical rating of WIIT SPA (WIIT.MI) stock?
ChartMill assigns a technical rating of 4 / 10 to WIIT.MI.
Can you provide the trend direction for WIIT SPA?
The current trend direction for WIIT SPA (WIIT.MI) is Bullish.
What is the RSI signal for WIIT SPA (WIIT.MI) stock?
WIIT SPA (WIIT.MI) has an RSI value of 54.0981. This indicates that the stock is currently neutral.
What is the short term momentum for WIIT SPA (WIIT.MI) stock?
The short term momentum for WIIT SPA (WIIT.MI) is neutral.