BASICNET SPA (BAN.MI) Stock Technical Analysis
BIT:BAN • IT0001033700
Taking everything into account, BAN scores 1 out of 10 in our technical rating. BAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, BAN is a bad performer in the overall market: 79% of all stocks are doing better.
- BAN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: BAN has an average volume of 26603 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- BAN is part of the Specialty Retail industry. There are 60 other stocks in this industry, BAN did better than 57% of them.
- In the last month BAN has a been trading in a tight range between 6.96 and 7.38.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for BAN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.43
We found 2 important support areas.
- Support @6.74 from a trend line in the daily time frame.
- Support @6.49 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.19 to 7.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.40 to 7.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.80 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for BAN.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAN.MI is down. |
| ChartMill Relative Strength | 21.07 | NEGATIVE | BAN.MI has a low relative strength, it was outperformed by 78.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BAN.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.03 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BAN.MI has a negative trend. |
| Stochastics (14,3) | 51.81 | NEUTRAL | The Stochastics value for BAN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for BAN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for BAN.MI suggests a weak or negative trend. |
BIT:BAN (2/13/2026, 5:25:14 PM)
7.12
-0.09 (-1.25%)
BASICNET SPA / BAN.MI FAQ
What is the technical rating for BAN stock?
ChartMill assigns a technical rating of 1 / 10 to BAN.MI.
Can you provide the trend direction for BASICNET SPA?
The current trend direction for BASICNET SPA (BAN.MI) is Bearish.
What is the RSI signal for BASICNET SPA (BAN.MI) stock?
BASICNET SPA (BAN.MI) has an RSI value of 45.0303. This indicates that the stock is currently neutral.
What is the support and resistance level for BAN stock?
BASICNET SPA (BAN.MI) has a support level at 6.74 and a resistance level at 7.19. Check the full technical report for our detailed analysis of BAN.MI support and resistance levels.