BIT:BGN - Euronext Milan - IT0001031084 - Common Stock - Currency: EUR
Overall BGN gets a technical rating of 6 out of 10. In the last year, BGN was one of the better performers, but we do observe some doubts in the very recent evolution.
BGN has an average technical rating and it also does not offer a high quality setup 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.
43.45
We found 2 important support 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 | DOWN | NEGATIVE | The short term trend for BGN.MI is down. |
ChartMill Relative Strength | 82.11 | POSITIVE | BGN.MI has a high relative strength, it outperformed 82.11% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BGN.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BGN.MI is below a declining 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) | 41.97 | NEUTRAL | The RSI value for BGN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests BGN.MI has a negative trend. |
Stochastics (14,3) | 10.83 | OVERSOLD | The low Stochastics value suggests BGN.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for BGN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for BGN.MI suggests a possible start of a new trend. |
BIT:BGN (5/30/2025, 7:00:00 PM)
51.35
-0.2 (-0.39%)