BASICNET SPA (BAN.MI) Technical Analysis
BIT:BAN • IT0001033700
Current stock price
BAN.MI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BAN. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, BAN is a bad performer in the overall market: 84% of all stocks are doing better.
- BAN is one of the lesser performing stocks in the Specialty Retail industry. 60% of 54 stocks in the same industry do better.
- BAN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAN is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: BAN has an average volume of 14067 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month BAN has a been trading in the 5.80 - 6.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BAN.MI Weekly and Daily overview Charts
BAN.MI Setup Rating and Analysis
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 very little resistance above the current price. There is a support zone below the current price at 5.83, a Stop Loss order could be placed below this zone.
More info and screens
BAN.MI Support and Resistance Analysis
5.77
We found 1 important support area.
- A support zone ranging from 5.83 to 5.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @6.50 from a horizontal line in the daily time frame.
- Resistance @6.82 from a trend line in the daily time frame.
- A resistance zone ranging from 7.15 to 7.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.42 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.
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 | DOWN | NEGATIVE | The long term trend for BAN.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BAN.MI is neutral. |
| ChartMill Relative Strength | 16.53 | NEGATIVE | BAN.MI has a low relative strength, it was outperformed by 83.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BAN.MI is above 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) | 50.03 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests BAN.MI has a positive trend. |
| Stochastics (14,3) | 81.19 | OVERBOUGHT | The high Stochastics value suggests BAN.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BAN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.34 | NEGATIVE | The low ADX value for BAN.MI suggests a weak or negative trend. |
BAN.MI Chart- and CandleStick Pattern Analysis
BAN.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:BAN (3/30/2026, 12:11:47 PM)
6.24
-0.1 (-1.65%)
BASICNET SPA / BAN.MI TA 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 50.0289. This indicates that the stock is currently neutral.
What is the support and resistance level for BAN stock?
BASICNET SPA (BAN.MI) has a support level at 5.83 and a resistance level at 6.5. Check the full technical report for our detailed analysis of BAN.MI support and resistance levels.