Logo image of IMIB.MI

ISHARES FTSE MIB (IMIB.MI) Stock Technical Analysis

BIT:IMIB - Euronext Milan - IE00B1XNH568 - ETF - Currency: EUR

23.25  +0.46 (+2.04%)

Technical Rating and Analysis

10

Overall IMIB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, IMIB has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: IMIB has an average volume of 19735 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IMIB did better than 85% of all other stocks. On top of that, IMIB also shows a nice and consistent pattern of rising prices.
IMIB is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
IMIB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
ISHARES FTSE MIB / IMIB Weekly stock chart
ISHARES FTSE MIB / IMIB Daily stock chart
Setup Rating and Analysis

3

Although IMIB has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

16.71

23.92

3 important support areas can be observed.

  • A support zone ranging from 20.93 to 21.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 19.75 to 20.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.88 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 23.26 to 23.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.89
Mansfield0.41
10 Day High23.7
10 Day Low22.69
20 Day High23.7
20 Day Low21.65
52 Week High23.7
52 Week Low16.52
Performance
1 Week-1.82%
2 Weeks1.53%
1 Month6.38%
3 Month13.3%
6 Month19.7%
12 Month40.74%
2 Year43.86%
3 Year59.25%
5 Year129.52%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)61.9
LBB22.34
UBB23.82
ISHARES FTSE MIB / IMIB Daily stock chart

ISHARES FTSE MIB

BIT:IMIB (3/5/2025, 7:00:00 PM)

23.25

+0.46 (+2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.04%
1 Week-1.82%
2 Weeks1.53%
1 Month6.38%
3 Month13.3%
6 Month19.7%
12 Month40.74%
2 Year43.86%
3 Year59.25%
5 Year129.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.36%
ATR Inc171.62%
Range Today0.3
ADR(20)0.23
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.89
Mansfield0.41
10 Day High23.7
10 Day Low22.69
20 Day High23.7
20 Day Low21.65
52 Week High23.7
52 Week Low16.52
CS1 End21.1
CR1 Start23.26
Volume & EV
DER(3)0%
DER(5)0%
Volume28.50K
Volume Incr-15.28%
Vol(5)16.85K
Vol(50)19.74K