BIT:AZM - Euronext Milan - IT0003261697 - Common Stock - Currency: EUR
Overall AZM gets a technical rating of 8 out of 10. Although AZM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, AZM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
21.27
4 important support areas can be observed.
2 important resistance areas can be observed.
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 |
---|---|---|---|
25.98 | 25.89 | 0.09 (0.33%) | 25.00% |
An entry @25.98. This is a Buy Stop order right above the 10 day moving average. | An exit @25.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 0.33%. | For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:AZM (3/4/2025, 10:00:17 AM)
25.73
-0.47 (-1.79%)