BASTOGI SPA (B.MI) Stock Technical Analysis
BIT:B - Euronext Milan - IT0004412497 - Common Stock - Currency: EUR
Taking everything into account, B scores 2 out of 10 in our technical rating. In the last year, B was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, B is a bad performer in the overall market: 78% of all stocks are doing better.
In the last month B has a been trading in the 0.58 - 0.70 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
B is part of the Commercial Services & Supplies industry. There are 40 other stocks in this industry, B did better than 46% of them.
B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so B is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of B is bad and it also does not present a 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.
More info and screens
0.56
0.71
When analyzing the support we notice one important area.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.63 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for B.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for B.MI is down. |
| ChartMill Relative Strength | 22.01 | NEGATIVE | B.MI has a low relative strength, it was outperformed by 77.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of B.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of B.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of B.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.03 | NEUTRAL | The RSI value for B.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests B.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.84 | OVERSOLD | The low Stochastics value suggests B.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for B.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for B.MI suggests a weak or negative trend. |
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)
BIT:B (7/21/2025, 7:00:00 PM)
0.612
+0.04 (+6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg6.25%
1 Week-5.56%
2 Weeks-8.93%
1 Month-8.93%
3 Month-11.82%
6 Month45.71%
12 Month-0.65%
2 Year3.73%
3 Year-3.16%
5 Year-30.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.59%
ATR Inc192.47%
Range Today0.05
ADR(20)0.02
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.01
Mansfield-1.15
10 Day High0.69
10 Day Low0.58
20 Day High0.7
20 Day Low0.58
52 Week High0.82
52 Week Low0.36
CS1 End0.57
CR1 Start0.63
Volume & EV
DER(3)0%
DER(5)0%
Volume111.48K
Volume Incr8.54%
Vol(5)42.64K
Vol(50)76.72K