WIIT SPA (WIIT.MI) Stock Technical Analysis
Europe - BIT:WIIT - IT0005440893 - Common Stock
19.58 EUR
+0.16 (+0.82%)
Taking everything into account, WIIT scores 8 out of 10 in our technical rating. Although WIIT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
WIIT is one of the better performing stocks in the IT Services industry, it outperforms 72% of 76 stocks in the same industry.
When comparing the performance of all stocks over the past year, WIIT turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
WIIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WIIT is lagging the market.
In the last month WIIT has a been trading in the 18.00 - 20.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, WIIT also presents a decent setup pattern. Prices have been consolidating lately. 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.25
20.06
We found 3 important support areas.
- Support @17.58 from a horizontal line in the daily time frame.
- Support @16.66 from a trend line in the daily time frame.
- Support @15.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.68 to 19.86. 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 | UP | POSITIVE | The short term trend for WIIT.MI is up. |
| ChartMill Relative Strength | 53.03 | 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) | UP | POSITIVE | The current price of WIIT.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WIIT.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.05 | NEUTRAL | The RSI value for WIIT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WIIT.MI has a positive trend. |
| Stochastics (14,3) | 65.41 | NEUTRAL | The Stochastics value for WIIT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for WIIT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for WIIT.MI suggests a strong 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)
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 |
|---|---|---|---|
| 19.87 | 18.75 | 1.12 (5.64%) | 17.74% |
| An entry @19.87. This is a Buy Stop order right above the resistance zone. | An exit @18.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.12 points, which is 5.64%. | For a 1.00% total portfolio risk, you can invest 17.74% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:WIIT (9/26/2025, 5:26:26 PM)
19.58
+0.16 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.82%
1 Week0.82%
2 Weeks5.72%
1 Month4.71%
3 Month26.08%
6 Month35.6%
12 Month-12.2%
2 Year29.84%
3 Year40.46%
5 Year14.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%2.65%
ATR Inc51.96%
Range Today0.5
ADR(20)0.48
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.03
Mansfield-0.19
10 Day High20.15
10 Day Low18.76
20 Day High20.15
20 Day Low18
52 Week High23.45
52 Week Low13.02
CS1 End17.58
CR1 Start19.68
Volume & EV
DER(3)-2.33%
DER(5)-3.34%
Volume9.29K
Volume Incr63.78%
Vol(5)41.08K
Vol(50)38.23K