BIT:BC - Euronext Milan - IT0004764699 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to BC. BC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BC 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.
82.07
We found 3 important support areas.
2 important resistance areas can be observed.
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 BC.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BC.MI is down. |
ChartMill Relative Strength | 47.63 | NEUTRAL | BC.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BC.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BC.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of BC.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 35.65 | NEUTRAL | The RSI value for BC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests BC.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 15.36 | OVERSOLD | The low Stochastics value suggests BC.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for BC.MI suggests some volalility. |
Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for BC.MI suggests a possible start of a new trend. |
BIT:BC (8/8/2025, 7:00:00 PM)
96.72
-1.22 (-1.25%)