INFRASTRUTTURE WIRELESS ITAL (INW.MI) Stock Technical Analysis
BIT:INW - Borsa Italiana Milan - IT0005090300 - Common Stock - Currency: EUR
Overall INW gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. INW was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, INW is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month INW has a been trading in the 9.55 - 10.22 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
INW has an average volume of 1083050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
INW is an average performer in the Diversified Telecommunication Services industry, it outperforms 50% of 31 stocks in the same industry.
INW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INW is lagging the market.
INW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.03, a Stop Loss order could be placed below this zone.
More info and screens
9.35
11.28
We found 2 important support areas.
- A support zone ranging from 9.85 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.44 to 9.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @10.14 from a trend line in the daily time frame.
- Resistance @10.75 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.14 to 11.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.41
Mansfield-0.98
10 Day High10.19
10 Day Low9.87
20 Day High10.22
20 Day Low9.55
52 Week High11.21
52 Week Low9.44
Performance
1 Week-0.5%
2 Weeks-1.28%
1 Month0.55%
3 Month3.02%
6 Month-2.05%
12 Month-6.56%
2 Year-3.55%
3 Year10.29%
5 Year8.65%
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
RSI(14)53.98
LBB9.91
UBB10.2
INFRASTRUTTURE WIRELESS ITAL
BIT:INW (2/5/2025, 1:39:50 PM)
10.13
+0.08 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.8%
1 Week-0.5%
2 Weeks-1.28%
1 Month0.55%
3 Month3.02%
6 Month-2.05%
12 Month-6.56%
2 Year-3.55%
3 Year10.29%
5 Year8.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.69%
ATR Inc-20.42%
Range Today0.14
ADR(20)0.16
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.41
Mansfield-0.98
10 Day High10.19
10 Day Low9.87
20 Day High10.22
20 Day Low9.55
52 Week High11.21
52 Week Low9.44
CS1 End10.03
CR1 Start10.05
Volume & EV
DER(3)0.1%
DER(5)0.56%
Volume202.91K
Volume Incr12.11%
Vol(5)1.03M
Vol(50)1.08M