BIT:BAN - Euronext Milan - IT0001033700 - Common Stock - Currency: EUR
Overall BAN gets a technical rating of 3 out of 10. Although BAN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BAN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.61, a Stop Loss order could be placed below this zone.
7.27
2 important support areas can be observed.
We can see 2 important resistance areas.
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 | 95.79 | POSITIVE | BAN.MI has a high relative strength, it outperformed 95.79% 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) | DOWN | NEGATIVE | The current price of BAN.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BAN.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.09 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BAN.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 53.08 | NEUTRAL | The Stochastics value for BAN.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for BAN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 19 | NEGATIVE | The low ADX value for BAN.MI suggests a weak or negative trend. |
BIT:BAN (7/25/2025, 5:28:56 PM)
7.61
-0.07 (-0.91%)