BIT:BFG - Euronext Milan - IT0005187460 - Common Stock - Currency: EUR
Taking everything into account, BFG scores 2 out of 10 in our technical rating. 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.
Although the technical rating is bad, BFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.33, a Stop Loss order could be placed below this zone.
3.47
4 important support areas can be observed.
When analyzing the resistance we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for BFG.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BFG.MI is neutral. |
ChartMill Relative Strength | 57.34 | NEUTRAL | BFG.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFG.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFG.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BFG.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.9 | NEUTRAL | The RSI value for BFG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BFG.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 34.56 | NEUTRAL | The Stochastics value for BFG.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for BFG.MI suggests low volalility. |
Average Directional Index/ADX (14) | 17.32 | NEGATIVE | The low ADX value for BFG.MI suggests a weak or negative trend. |
BIT:BFG (7/31/2025, 7:00:00 PM)
4.34
-0.02 (-0.46%)