BASICNET SPA (BAN.MI) Stock Technical Analysis
BIT:BAN - Euronext Milan - IT0001033700 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to BAN. BAN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: BAN has an average volume of 29687 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BAN did better than 94% of all other stocks. We also observe that the gains produced by BAN over the past year are nicely spread over this period.
BAN is one of the better performing stocks in the Specialty Retail industry, it outperforms 83% of 50 stocks in the same industry.
BAN is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BAN slightly outperforms the market at the moment.
In the last month BAN has a been trading in the 6.70 - 8.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BAN has an average technical rating and also the quality of the setup is only medium 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
7.24
8.22
We found 1 important support area.
- A support zone ranging from 7.31 to 7.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.68 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.07 to 8.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.65
Mansfield3.54
10 Day High8.31
10 Day Low7.27
20 Day High8.31
20 Day Low6.7
52 Week High8.94
52 Week Low2.84
Performance
1 Week-5.08%
2 Weeks-5.5%
1 Month-7.13%
3 Month-2.33%
6 Month43.73%
12 Month83.94%
2 Year34.52%
3 Year13.68%
5 Year107.12%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)44.85
LBB7.47
UBB8.29
BIT:BAN (5/2/2025, 4:45:45 PM)
7.56
+0.16 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.16%
1 Week-5.08%
2 Weeks-5.5%
1 Month-7.13%
3 Month-2.33%
6 Month43.73%
12 Month83.94%
2 Year34.52%
3 Year13.68%
5 Year107.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%5.16%
ATR Inc20.45%
Range Today0.39
ADR(20)0.36
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.65
Mansfield3.54
10 Day High8.31
10 Day Low7.27
20 Day High8.31
20 Day Low6.7
52 Week High8.94
52 Week Low2.84
CS1 End7.32
CR1 Start7.68
Volume & EV
DER(3)-0.18%
DER(5)-1.15%
Volume3.43K
Volume Incr-40.79%
Vol(5)22.94K
Vol(50)29.69K