BASICNET SPA (BAN.MI) Technical Analysis
BIT:BAN • IT0001033700
Current stock price
BAN.MI Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to BAN. Although BAN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 72% of all other stocks performed better in the past year than BAN.
- Warning: BAN has an average volume of 17561 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.
- In the last month BAN has a been trading in the 5.80 - 7.68 range, which is quite wide. It is currently trading near the high of this range.
- BAN is an average performer in the Specialty Retail industry, it outperforms 52% of 56 stocks in the same industry.
- 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.
- Considerably lower volume is observed in the last couple of days.
BAN.MI Weekly and Daily overview Charts
BAN.MI Setup Rating and Analysis
Although BAN has an excellent technical rating, the quality of the presented setup is not ideal 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
6.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.50 to 7.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.21 from a horizontal line in the daily time frame.
- Support @6.07 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.61 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.
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 | 28.56 | NEGATIVE | BAN.MI has a low relative strength, it was outperformed by 71.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAN.MI is above the rising 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) | 69.22 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BAN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.49 | OVERBOUGHT | The high Stochastics value suggests BAN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for BAN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.19 | POSITIVE | The high ADX value value for BAN.MI suggests a strong trend. |
BAN.MI Chart- and CandleStick Pattern Analysis
BAN.MI Example Setup
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 |
|---|---|---|---|
| 7.63 | 7.49 | 0.14 (1.83%) | 25.00% |
| An entry @7.63. This is a Buy Stop order right above the resistance zone. | An exit @7.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 1.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- The distance between exit and entry is rather small compared to the average daily movement of BAN. Please evaluate whether better entry and exit points can be found.
- 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.
BAN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:BAN (4/20/2026, 5:28:55 PM)
7.55
-0.02 (-0.26%)
BASICNET SPA / BAN.MI TA FAQ
What is the technical rating for BAN stock?
ChartMill assigns a technical rating of 7 / 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 69.2173. 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.