BESTBE HOLDING (BES.MI) Stock Technical Analysis
BIT:BES - Euronext Milan - IT0005611642 - Common Stock - Currency: EUR
Taking everything into account, BES scores 0 out of 10 in our technical rating. BES'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.
BES has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
0.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.11 from a trend line 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 | DOWN | NEGATIVE | The long term trend for BES.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BES.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BES.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BES.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BES.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.23 | NEUTRAL | The RSI value for BES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BES.MI has a positive trend. |
| Stochastics (14,3) | 22.6 | NEUTRAL | The Stochastics value for BES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 22.96 | HIGH VOLATILITY | The high ATR as a percentage value for BES.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.96 | POSITIVE | The high ADX value value for BES.MI suggests a strong trend. |
BIT:BES (5/27/2025, 7:00:00 PM)
0.146
+0.01 (+4.29%)