WIIT SPA (WIIT.MI) Stock Technical Analysis
BIT:WIIT - Euronext Milan - IT0005440893 - Common Stock - Currency: EUR
Taking everything into account, WIIT scores 1 out of 10 in our technical rating. WIIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, WIIT is a bad performer in the overall market: 89% of all stocks are doing better.
WIIT is part of the IT Services industry. There are 74 other stocks in this industry, of which 64% are performing better than WIIT.
WIIT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: WIIT has an average volume of 17727 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month WIIT has a been trading in the 14.98 - 16.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
WIIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.50, a Stop Loss order could be placed below this zone.
More info and screens
13.41
18.04
We found 4 important support areas.
- A support zone ranging from 15.32 to 15.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.94 from a horizontal line in the daily time frame.
- A support zone ranging from 13.81 to 13.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @13.55 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 15.85 to 15.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.45 from a trend line in the daily time frame.
- A resistance zone ranging from 17.14 to 17.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.86 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for WIIT.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WIIT.MI is neutral. |
| ChartMill Relative Strength | 11.24 | NEGATIVE | WIIT.MI has a low relative strength, it was outperformed by 88.76% off all stocks 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 | NEGATIVE | The current price of WIIT.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WIIT.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.17 | NEUTRAL | The RSI value for WIIT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests WIIT.MI has a positive trend. |
| Stochastics (14,3) | 65.72 | NEUTRAL | The Stochastics value for WIIT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for WIIT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for WIIT.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:WIIT (7/22/2025, 9:17:06 AM)
15.7
-0.19 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.2%
1 Week4.68%
2 Weeks2.78%
1 Month5.79%
3 Month-0.31%
6 Month-14.2%
12 Month-31.36%
2 Year-18.26%
3 Year-22.49%
5 Year28.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.08%
ATR Inc91.38%
Range Today0
ADR(20)0.3
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.24
Mansfield-2.06
10 Day High16.26
10 Day Low14.98
20 Day High16.26
20 Day Low14.98
52 Week High23.45
52 Week Low13.02
CS1 End15.5
CR1 Start15.94
Volume & EV
DER(3)1.15%
DER(5)-0.48%
Volume207
Volume Incr-74.98%
Vol(5)3.28K
Vol(50)17.73K