BASICNET SPA (BAN.MI) Technical Analysis
BIT:BAN • IT0001033700
Current stock price
BAN.MI Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to BAN. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, BAN is a bad performer.
- 73% of all other stocks performed better in the past year than BAN.
- Warning: BAN has an average volume of 20562 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- BAN 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.
- BAN is part of the Specialty Retail industry. There are 49 other stocks in this industry, BAN did better than 56% of them.
- BAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BAN is lagging the market.
BAN.MI Weekly and Daily overview Charts
BAN.MI Setup Rating and Analysis
BAN has an average technical rating and it also does not offer a high quality setup 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
BAN.MI Support and Resistance Analysis
6.05
When analyzing the support we notice one important area.
- Support @6.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.16 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.50 to 7.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.80 from a horizontal line in the daily time frame.
BAN.MI Technical Indicator Signal Analysis
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 BAN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAN.MI is up. |
| ChartMill Relative Strength | 27.33 | NEGATIVE | BAN.MI has a low relative strength, it was outperformed by 72.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BAN.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BAN.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BAN.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BAN.MI has a negative trend. |
| Stochastics (14,3) | 62.81 | NEUTRAL | The Stochastics value for BAN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for BAN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.79 | POSITIVE | The high ADX value value for BAN.MI suggests a strong trend. |
BAN.MI Chart- and CandleStick Pattern Analysis
BAN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:BAN (4/29/2026, 5:12:55 PM)
7.12
-0.42 (-5.57%)
BASICNET SPA / BAN.MI TA FAQ
What is the technical rating for BAN stock?
ChartMill assigns a technical rating of 6 / 10 to BAN.MI.
Can you provide the trend direction for BASICNET SPA?
The current trend direction for BASICNET SPA (BAN.MI) is Bullish.
Can you provide the RSI signal for BASICNET SPA?
BASICNET SPA (BAN.MI) has an RSI value of 51.1759. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BASICNET SPA?
The short term momentum for BASICNET SPA (BAN.MI) is positive.
What is the buy/sell signal for BASICNET SPA (BAN.MI) stock?
The buy/sell signal for BASICNET SPA (BAN.MI) is buy as both the short term and long term trends are positive.