BIT:BC - Euronext Milan - IT0004764699 - Common Stock - Currency: EUR
Overall BC gets a technical rating of 5 out of 10. In the past year, BC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
BC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 109.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 107.84, a Stop Loss order could be placed below this zone.
85.83
When analyzing the support we can see 6 important areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for BC.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BC.MI is up. |
ChartMill Relative Strength | 52.03 | NEUTRAL | BC.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BC.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BC.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BC.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.44 | NEUTRAL | The RSI value for BC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests BC.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 51.75 | NEUTRAL | The Stochastics value for BC.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for BC.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for BC.MI suggests a weak or negative trend. |
BIT:BC (5/30/2025, 7:00:00 PM)
108.45
+1.3 (+1.21%)