BASTOGI SPA (B.MI) Stock Technical Analysis
BIT:B • IT0004412497
Overall B gets a technical rating of 10 out of 10. Both in the recent history as in the last year, B has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, B did better than 96% of all other stocks. On top of that, B also shows a nice and consistent pattern of rising prices.
- B is part of the Commercial Services & Supplies industry. There are 43 other stocks in this industry. B outperforms 97% of them.
- B is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month B has a been trading in the 0.78 - 1.15 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although B has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.71
We found 3 important support areas.
- A support zone ranging from 0.83 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.75 from a trend line in the daily time frame.
- Support @0.72 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 | UP | POSITIVE | The short term trend for B.MI is up. |
| ChartMill Relative Strength | 96.98 | POSITIVE | B.MI has a high relative strength, it outperformed 96.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of B.MI is above 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) | 76.3 | OVERBOUGHT | The high RSI value suggests B.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests B.MI has a positive trend. |
| Stochastics (14,3) | 94.52 | OVERBOUGHT | The high Stochastics value suggests B.MI may be overbought. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for B.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 38.1 | POSITIVE | The high ADX value value for B.MI suggests a strong trend. |
BIT:B (2/12/2026, 5:24:25 PM)
1.13
-0.01 (-0.44%)
BASTOGI SPA / B.MI FAQ
What is the technical rating for B stock?
ChartMill assigns a technical rating of 10 / 10 to B.MI.
Can you provide the trend direction for BASTOGI SPA?
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 76.2951. This indicates that the stock is currently overbought.
What is the short term momentum for B stock?
The short term momentum for BASTOGI SPA (B.MI) is positive.
Can you provide the support and resistance levels for BASTOGI SPA?
BASTOGI SPA (B.MI) has a support level at 0.83. Check the full technical report for our detailed analysis of B.MI support and resistance levels.