WIIT SPA (WIIT.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:WIIT - IT0005440893 - Common Stock
Taking everything into account, WIIT scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WIIT is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- WIIT is part of the IT Services industry. There are 76 other stocks in this industry. WIIT outperforms 74% of them.
- WIIT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WIIT has a been trading in the 19.02 - 22.85 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that WIIT is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
Although WIIT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.40
We found 5 important support areas.
- A support zone ranging from 22.31 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.28 to 19.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.73 to 18.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.10 from a horizontal line in the daily time frame.
- Support @17.58 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 | 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 | 72.15 | POSITIVE | WIIT.MI has a high relative strength, it outperformed 72.15% 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) | UP | POSITIVE | The current price of WIIT.MI is above the rising 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) | 76.11 | OVERBOUGHT | The high RSI value suggests WIIT.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests WIIT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.6 | OVERBOUGHT | The high Stochastics value suggests WIIT.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for WIIT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.2 | POSITIVE | The high ADX value value for WIIT.MI suggests a strong trend. |
BIT:WIIT (1/16/2026, 5:29:42 PM)
23.35
+1.05 (+4.71%)
WIIT SPA / WIIT.MI FAQ
What is the ChartMill technical rating of WIIT SPA (WIIT.MI) stock?
ChartMill assigns a technical rating of 8 / 10 to WIIT.MI.
What is the trend direction for WIIT stock?
The current trend direction for WIIT SPA (WIIT.MI) is Bullish.
What is the RSI signal for WIIT stock?
WIIT SPA (WIIT.MI) has an RSI value of 76.113. This indicates that the stock is currently overbought.
What is the short term momentum for WIIT SPA (WIIT.MI) stock?
The short term momentum for WIIT SPA (WIIT.MI) is positive.
What is the support and resistance level for WIIT stock?
WIIT SPA (WIIT.MI) has a support level at 19.6 and a resistance level at 22.31. Check the full technical report for our detailed analysis of WIIT.MI support and resistance levels.