BIT:BGN - Euronext Milan - IT0001031084 - Common Stock - Currency: EUR
Overall BGN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BGN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although BGN has an excellent technical rating, it does not present a decent entry opportunity 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.
43.88
When analyzing the support we can see 3 important areas.
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 | UP | POSITIVE | The long term trend for BGN.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BGN.MI is neutral. |
ChartMill Relative Strength | 85.24 | POSITIVE | BGN.MI has a high relative strength, it outperformed 85.24% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BGN.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGN.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGN.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.39 | NEUTRAL | The RSI value for BGN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests BGN.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 28.5 | NEUTRAL | The Stochastics value for BGN.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for BGN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 22.73 | NEUTRAL | The ADX value for BGN.MI suggests a possible start of a new trend. |
BIT:BGN (5/28/2025, 9:10:42 AM)
53.3
0 (0%)