BANCO BPM SPA (BAMI.MI) Stock Technical Analysis
BIT:BAMI - Euronext Milan - IT0005218380 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to BAMI. Both in the recent history as in the last year, BAMI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BAMI did better than 90% of all other stocks. We also observe that the gains produced by BAMI over the past year are nicely spread over this period.
BAMI is one of the better performing stocks in the Banks industry, it outperforms 75% of 92 stocks in the same industry.
BAMI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BAMI is leading the market.
BAMI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BAMI has an average volume of 11819900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BAMI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.09, a Stop Loss order could be placed below this zone.
More info and screens
7.21
10.48
We found 5 important support areas.
- A support zone ranging from 9.97 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.59 to 9.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.89 from a trend line in the weekly time frame.
- Support @8.61 from a trend line in the daily time frame.
- Support @7.28 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.23 to 10.38. 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 | UP | POSITIVE | The long term trend for BAMI.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAMI.MI is up. |
| ChartMill Relative Strength | 90.04 | POSITIVE | BAMI.MI has a high relative strength, it outperformed 90.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAMI.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BAMI.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BAMI.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.14 | NEUTRAL | The RSI value for BAMI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BAMI.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.28 | NEUTRAL | The Stochastics value for BAMI.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BAMI.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.52 | NEGATIVE | The low ADX value for BAMI.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.39 | 9.96 | 0.43 (4.14%) | 24.16% |
| An entry @10.39. This is a Buy Stop order right above the resistance zone. | An exit @9.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 4.14%. | For a 1.00% total portfolio risk, you can invest 24.16% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:BAMI (5/30/2025, 7:00:00 PM)
10.11
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.1%
1 Week3.16%
2 Weeks-1.12%
1 Month1.16%
3 Month5.09%
6 Month40.34%
12 Month53.09%
2 Year176.38%
3 Year211.46%
5 Year778.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.24%
ATR Inc-40.3%
Range Today0.17
ADR(20)0.2
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.04
Mansfield2.85
10 Day High10.24
10 Day Low9.61
20 Day High10.53
20 Day Low9.61
52 Week High10.53
52 Week Low5.4
CS1 End10.09
CR1 Start10.23
Volume & EV
DER(3)-2.08%
DER(5)-1.38%
Volume18.54M
Volume Incr-7.71%
Vol(5)8.80M
Vol(50)11.82M