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 technical rating of WIIT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
13.41
2 important support areas can be observed.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for WIIT.MI is down. |
ChartMill Relative Strength | 16.79 | NEGATIVE | WIIT.MI has a low relative strength, it was outperformed by 83.21% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WIIT.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of WIIT.MI is below the rising 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) | 34.5 | NEUTRAL | The RSI value for WIIT.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests WIIT.MI has a negative trend. |
Stochastics (14,3) | 8.09 | OVERSOLD | The low Stochastics value suggests WIIT.MI may be oversold. |
Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for WIIT.MI suggests some volalility. |
Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for WIIT.MI suggests a possible start of a new trend. |
BIT:WIIT (6/20/2025, 4:43:15 PM)
15.16
+0.22 (+1.47%)