BIT:IB26 - Euronext Milan - IE000SIZJ2B2 - ETF - Currency: EUR
Taking everything into account, IB26 scores 7 out of 10 in our technical rating. Although IB26 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
IB26 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
4.92
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
5.16 | 5.10 | 0.06 (1.20%) | 25.00% |
An entry @5.16. This is a Buy Stop order right above the resistance zone. | An exit @5.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 1.20%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:IB26 (3/7/2025, 7:00:00 PM)
5.131
+0 (+0.1%)