BIT:BEC - Euronext Milan - IT0001268561 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to BEC. In the last year, BEC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, BEC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.38, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
11.50
When analyzing the support we can see 4 important 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 | UP | POSITIVE | The long term trend for BEC.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BEC.MI is neutral. |
ChartMill Relative Strength | 49.22 | NEUTRAL | BEC.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BEC.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BEC.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BEC.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.22 | NEUTRAL | The RSI value for BEC.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BEC.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 65.28 | NEUTRAL | The Stochastics value for BEC.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for BEC.MI suggests low volalility. |
Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for BEC.MI suggests a weak or negative trend. |
BIT:BEC (8/5/2025, 7:00:00 PM)
16.45
+0.18 (+1.08%)