BASICNET SPA (BAN.MI) Technical Analysis
BIT:BAN • IT0001033700
Taking everything into account, BAN scores 0 out of 10 in our technical rating. BAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BAN is a bad performer in the overall market: 86% of all stocks are doing better.
- BAN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BAN is lagging the market.
- In the last month BAN has a been trading in the 6.04 - 7.22 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: BAN has an average volume of 17914 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- BAN is part of the Specialty Retail industry. There are 58 other stocks in this industry, BAN did better than 40% of them.
- Volume is considerably higher in the last couple of days.
BAN has a poor technical rating and the quality of the setup is also not perfect 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
6.15
When analyzing the support we notice one important area.
- Support @6.21 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.98 to 6.98. 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 7.15 to 7.50. 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.
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 | 14.93 | NEGATIVE | BAN.MI has a low relative strength, it was outperformed by 85.07% 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) | 34.85 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BAN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.53 | OVERSOLD | The low Stochastics value suggests BAN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for BAN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.47 | POSITIVE | The high ADX value value for BAN.MI suggests a strong trend. |
BAN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:BAN (3/12/2026, 9:28:20 AM)
6.22
+0.04 (+0.65%)
BASICNET SPA / BAN.MI FAQ
What is the technical rating for BAN stock?
ChartMill assigns a technical rating of 0 / 10 to BAN.MI.
Can you provide the trend direction for BASICNET SPA?
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 34.8496. This indicates that the stock is currently neutral.
What is the buy/sell signal for BAN stock?
The buy/sell signal for BASICNET SPA (BAN.MI) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for BASICNET SPA (BAN.MI) stock?
BASICNET SPA (BAN.MI) has a support level at 6.21 and a resistance level at 6.98. Check the full technical report for our detailed analysis of BAN.MI support and resistance levels.