BEGHELLI SPA (BE.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BE - IT0001223277 - Common Stock
We assign a technical rating of 8 out of 10 to BE. Both in the recent history as in the last year, BE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, BE also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.24
We found 4 important support areas.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.27 from a trend line in the daily time frame.
- Support @0.25 from a trend line in the weekly time frame.
- Support @0.24 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for BE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BE.MI is up. |
| ChartMill Relative Strength | 85.77 | POSITIVE | BE.MI has a high relative strength, it outperformed 85.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BE.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BE.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.65 | NEUTRAL | The RSI value for BE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BE.MI has a negative trend. |
| Stochastics (14,3) | 36.11 | NEUTRAL | The Stochastics value for BE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for BE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 52.45 | POSITIVE | The high ADX value value for BE.MI suggests a strong trend. |
BIT:BE (4/15/2025, 7:00:00 PM)
0.337
0 (-0.3%)
BEGHELLI SPA / BE.MI FAQ
What is the ChartMill technical rating of BEGHELLI SPA (BE.MI) stock?
ChartMill assigns a technical rating of 8 / 10 to BE.MI.
What is the trend direction for BE stock?
The current trend direction for BEGHELLI SPA (BE.MI) is Bullish.
What is the RSI signal for BE stock?
BEGHELLI SPA (BE.MI) has an RSI value of 59.6506. This indicates that the stock is currently neutral.
What is the MACD signal for BE stock?
The MACD indicator for BEGHELLI SPA (BE.MI) has a value of -0.000461425, indicating a bearish trend.
What is the support and resistance level for BE stock?
BEGHELLI SPA (BE.MI) has a support level at 0.33 and a resistance level at 0.34. Check the full technical report for our detailed analysis of BE.MI support and resistance levels.