BIT:BIA - Euronext Milan - IT0004222102 - Common Stock - Currency: EUR
Overall BIA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BIA is showing a nice and steady performance.
BIA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
0.23
3 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 | UP | POSITIVE | The long term trend for BIA.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIA.MI is up. |
ChartMill Relative Strength | 87.98 | POSITIVE | BIA.MI has a high relative strength, it outperformed 87.98% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BIA.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIA.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIA.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 70.78 | OVERBOUGHT | The high RSI value suggests BIA.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BIA.MI has a negative trend, although the MACD value is rising. |
Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for BIA.MI suggests low volalility. |
Average Directional Index/ADX (14) | 68.09 | POSITIVE | The high ADX value value for BIA.MI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
0.48 | 0.46 | 0.02 (4.34%) | 23.03% |
An entry @0.48. This is a Buy Stop order right above the 10 day moving average. | An exit @0.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.02 points, which is 4.34%. | When investing 23.03% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:BIA (8/4/2025, 7:00:00 PM)
0.466
0 (0%)