BASTOGI SPA (B.MI) Stock Technical Analysis
Europe - BIT:B - IT0004412497 - Common Stock
We assign a technical rating of 8 out of 10 to B. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, B is showing a nice and steady performance.
B has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.55
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.70 from a trend line in the daily time frame.
- Support @0.67 from a trend line in the weekly time frame.
- Support @0.59 from a trend line in the daily time frame.
- Support @0.56 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.92 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for B.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for B.MI is neutral. |
| ChartMill Relative Strength | 93.98 | POSITIVE | B.MI has a high relative strength, it outperformed 93.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of B.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of B.MI is above 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) | 55.05 | 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. |
| Stochastics (14,3) | 32.65 | NEUTRAL | The Stochastics value for B.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for B.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 40.58 | POSITIVE | The high ADX value value for B.MI suggests a strong trend. |
BIT:B (11/14/2025, 7:00:00 PM)
0.858
-0.01 (-1.38%)
BASTOGI SPA / B.MI FAQ
What is the technical rating for B stock?
ChartMill assigns a technical rating of 8 / 10 to B.MI.
What is the trend direction for B stock?
The current trend direction for BASTOGI SPA (B.MI) is Bullish.
What is the RSI signal for B stock?
BASTOGI SPA (B.MI) has an RSI value of 55.0464. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BASTOGI SPA?
The MACD indicator for BASTOGI SPA (B.MI) has a value of -0.00943421, indicating a bearish trend.