BF SPA (BFG.MI) Technical Analysis

BIT:BFG • IT0005187460

4.235 EUR
-0.13 (-3.09%)
Last: Mar 9, 2026, 02:12 PM
Technical Rating and Analysis

2

Overall BFG gets a technical rating of 2 out of 10. BFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • In the last month BFG has a been trading in the 4.24 - 4.55 range, which is quite wide. It is currently trading near the lows of this range.
  • The long and short term trends are both neutral. This gives a pretty neutral overall picture!
  • When compared to the yearly performance of all other stocks, BFG outperforms 42% of them, which is more or less in line with the market.
  • BFG is an average performer in the Food Products industry, it outperforms 58% of 64 stocks in the same industry.
  • BFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFG is lagging the market.
  • Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BF SPA / BFG Weekly stock chart
BF SPA / BFG Daily stock chart
Setup Rating and Analysis

2

The technical rating of BFG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

3.47

4.68

3 important support areas can be observed.

  • A support zone ranging from 3.99 to 4.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.81 from a trend line in the weekly time frame.
  • Support @3.50 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 4.27 to 4.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 4.42 to 4.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 4.63 to 4.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BFG.MI is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for BFG.MI is neutral.
ChartMill Relative Strength42.16NEUTRALBFG.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BFG.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BFG.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of BFG.MI is below the rising SMA(200).
Relative Strength Index/RSI (14)39.96NEUTRALThe RSI value for BFG.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests BFG.MI has a negative trend.
Stochastics (14,3)21.74NEUTRALThe Stochastics value for BFG.MI is a neutral value.
Average True Range in percent/ATR (20)1.39LOW VOLATILITYThe low ATR as a percentage value for BFG.MI suggests low volalility.
Average Directional Index/ADX (14)24.99NEUTRALThe ADX value for BFG.MI suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

BFG.MI Technicals: Chart, Performance Metrics, Trend & Indicators

BF SPA / BFG Daily stock chart

BF SPA

BIT:BFG (3/9/2026, 2:12:08 PM)

4.235

-0.13 (-3.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-3.09%
1 Week-5.04%
2 Weeks-3.75%
1 Month-5.68%
3 Month2.79%
6 Month-2.64%
12 Month1.32%
2 Year16.35%
3 Year12.04%
5 Year8.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%1.39%
ATR Inc58.9%
Range Today0
ADR(20)0.03
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.16
3 months CRS53.72
6 months CRS29.62
Mansfield-0.88
10 Day High4.55
10 Day Low4.24
20 Day High4.55
20 Day Low4.24
52 Week High4.66
52 Week Low3.97
CS1 End4.18
CR1 Start4.27
Volume & EV
DER(3)0%
DER(5)0%
Volume55
Volume Incr-79.21%
Vol(5)5.44K
Vol(50)89.98K

BF SPA / BFG.MI FAQ

Can you provide the ChartMill technical rating for BF SPA?

ChartMill assigns a technical rating of 2 / 10 to BFG.MI.


Can you provide the trend direction for BF SPA?

The current trend direction for BF SPA (BFG.MI) is Bearish.


What is the RSI signal for BF SPA (BFG.MI) stock?

BF SPA (BFG.MI) has an RSI value of 39.9556. This indicates that the stock is currently neutral.


What is the short term momentum for BFG stock?

The short term momentum for BF SPA (BFG.MI) is neutral.


Can you provide the support and resistance levels for BF SPA?

BF SPA (BFG.MI) has a support level at 4.18 and a resistance level at 4.27. Check the full technical report for our detailed analysis of BFG.MI support and resistance levels.