WIIT SPA (WIIT.MI) Stock Technical Analysis
Europe - BIT:WIIT - IT0005440893 - Common Stock
We assign a technical rating of 5 out of 10 to WIIT. WIIT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is only medium, WIIT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.66, 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.
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17.27
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.91 to 19.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.53 to 18.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.00 to 18.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.44 to 17.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.83 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 | 30.22 | NEUTRAL | WIIT.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WIIT.MI is above a declining 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) | 53.83 | NEUTRAL | The RSI value for WIIT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WIIT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.66 | NEUTRAL | The Stochastics value for WIIT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for WIIT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.15 | NEUTRAL | The ADX value for WIIT.MI suggests a possible start of a new trend. |
BIT:WIIT (11/5/2025, 5:26:20 PM)
19.69
+0.27 (+1.39%)
WIIT SPA / WIIT.MI FAQ
What is the ChartMill technical rating of WIIT SPA (WIIT.MI) stock?
ChartMill assigns a technical rating of 5 / 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 53.8252. 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.