BASTOGI SPA (B.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:B - IT0004412497 - Common Stock
We assign a technical rating of 8 out of 10 to B. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although B has an excellent technical rating, it does not present a decent entry opportunity 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
0.55
We found 5 important support areas.
- A support zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.71 from a trend line in the daily time frame.
- Support @0.69 from a trend line in the weekly time frame.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 82.85 | POSITIVE | B.MI has a high relative strength, it outperformed 82.85% 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 | 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) | 40.36 | NEUTRAL | The RSI value for B.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests B.MI has a negative trend. |
| Stochastics (14,3) | 13.45 | OVERSOLD | The low Stochastics value suggests B.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for B.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.64 | POSITIVE | The high ADX value value for B.MI suggests a strong trend. |
BIT:B (1/7/2026, 11:41:37 AM)
0.776
-0.04 (-5.13%)
BASTOGI SPA / B.MI FAQ
What is the technical rating for B stock?
ChartMill assigns a technical rating of 8 / 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 40.3588. This indicates that the stock is currently neutral.
What is the short term momentum for B stock?
The short term momentum for BASTOGI SPA (B.MI) is neutral.
Can you provide the support and resistance levels for BASTOGI SPA?
BASTOGI SPA (B.MI) has a support level at 0.77 and a resistance level at 0.92. Check the full technical report for our detailed analysis of B.MI support and resistance levels.