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ITALIAN WINE BRANDS SPA (IWB.MI) Stock Technical Analysis

BIT:IWB - Borsa Italiana Milan - IT0005075764 - Common Stock - Currency: EUR

23.5  +0.6 (+2.62%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to IWB. IWB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Warning: IWB has an average volume of 8727 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
IWB is part of the Beverages industry. There are 24 other stocks in this industry. IWB outperforms 91% of them.
IWB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IWB is lagging the market slightly.
In the last month IWB has a been trading in the 21.80 - 23.80 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, IWB turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ITALIAN WINE BRANDS SPA / IWB Weekly stock chart
ITALIAN WINE BRANDS SPA / IWB Daily stock chart
Setup Rating and Analysis

8

IWB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.25, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

21.38

24.44

3 important support areas can be observed.

  • A support zone ranging from 22.96 to 23.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.29 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 21.60 to 21.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 24.20 to 24.20. This zone is formed by a combination of multiple trend lines 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
CRS63.01
Mansfield0.05
10 Day High23.7
10 Day Low22.1
20 Day High23.8
20 Day Low21.8
52 Week High24.4
52 Week Low16.6
Performance
1 Week2.17%
2 Weeks7.31%
1 Month0.43%
3 Month2.62%
6 Month7.31%
12 Month23.68%
2 Year-7.48%
3 Year-35.44%
5 Year75.37%
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)0.07
RSI(14)56.27
LBB22
UBB23.68
ITALIAN WINE BRANDS SPA / IWB Daily stock chart

ITALIAN WINE BRANDS SPA

BIT:IWB (2/4/2025, 7:00:00 PM)

23.5

+0.6 (+2.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg2.62%
1 Week2.17%
2 Weeks7.31%
1 Month0.43%
3 Month2.62%
6 Month7.31%
12 Month23.68%
2 Year-7.48%
3 Year-35.44%
5 Year75.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.68%
ATR Inc70.73%
Range Today0.8
ADR(20)0.59
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.01
Mansfield0.05
10 Day High23.7
10 Day Low22.1
20 Day High23.8
20 Day Low21.8
52 Week High24.4
52 Week Low16.6
CS1 End23.25
CR1 Start24.2
Volume & EV
DER(3)0%
DER(5)0%
Volume14.64K
Volume Incr87.02%
Vol(5)13.88K
Vol(50)8.73K