Europe - BIT:BES - IT0005611642 - Common Stock
Taking everything into account, BES scores 2 out of 10 in our technical rating. Although BES is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BES does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BES in the last couple of days, which is a good sign.
0.06
We found 1 important support area.
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 | 99.01 | POSITIVE | BES.MI has a high relative strength, it outperformed 99.01% 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) | 35.27 | NEUTRAL | The RSI value for BES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BES.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44 | NEUTRAL | The Stochastics value for BES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for BES.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.12 | POSITIVE | The high ADX value value for BES.MI suggests a strong trend. |
BIT:BES (10/27/2025, 7:00:00 PM)
0.06
0 (-1.64%)
ChartMill assigns a technical rating of 2 / 10 to BES.MI.
The current trend direction for BESTBE HOLDING (BES.MI) is Bearish.
BESTBE HOLDING (BES.MI) has an RSI value of 35.2653. This indicates that the stock is currently neutral.
The MACD indicator for BESTBE HOLDING (BES.MI) has a value of 0.00613159, indicating a bearish trend.
The short term momentum for BESTBE HOLDING (BES.MI) is negative.