BASICNET SPA (BAN.MI) Stock Technical Analysis
Europe - BIT:BAN - IT0001033700 - Common Stock
Taking everything into account, BAN scores 0 out of 10 in our technical rating. BAN's overall performance in the market is below average. Also 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. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.37, a Stop Loss order could be placed below this zone.
More info and screens
6.31
We found 1 important support area.
- A support zone ranging from 6.37 to 6.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.88 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.26 to 7.51. 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.
- Resistance @8.80 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 | DOWN | NEGATIVE | The long term trend for BAN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAN.MI is down. |
| ChartMill Relative Strength | 25.49 | NEGATIVE | BAN.MI has a low relative strength, it was outperformed by 74.51% 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) | DOWN | NEGATIVE | The current price of BAN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.76 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BAN.MI has a negative trend. |
| Stochastics (14,3) | 2.9 | OVERSOLD | The low Stochastics value suggests BAN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BAN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for BAN.MI suggests a weak or negative trend. |
BIT:BAN (11/21/2025, 11:10:58 AM)
6.795
+0.17 (+2.49%)
BASICNET SPA / BAN.MI FAQ
What is the technical rating for BAN stock?
ChartMill assigns a technical rating of 0 / 10 to BAN.MI.
What is the current trend direction of BASICNET SPA (BAN.MI) stock?
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 39.7638. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BASICNET SPA?
The buy/sell signal for BASICNET SPA (BAN.MI) is sell as both the short term and long term trends are negative.
What is the support and resistance level for BAN stock?
BASICNET SPA (BAN.MI) has a support level at 6.37 and a resistance level at 6.88. Check the full technical report for our detailed analysis of BAN.MI support and resistance levels.