BIT:BIA • IT0004222102
Taking everything into account, BIA scores 9 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, BIA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
When analyzing the support we can see 3 important areas.
We found 1 important resistance 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 | 88.24 | POSITIVE | BIA.MI has a high relative strength, it outperformed 88.24% 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 worst case loss on the trade is limited to 0.02 points, which is 4.34%. | For a 1.00% total portfolio risk, you can invest 23.03% of your capital in this trade. |
BIT:BIA (8/4/2025, 7:00:00 PM)
0.466
0 (0%)
ChartMill assigns a technical rating of 9 / 10 to BIA.MI.
The current trend direction for BIALETTI INDUSTRIE SPA (BIA.MI) is Bullish.
BIALETTI INDUSTRIE SPA (BIA.MI) has an RSI value of 70.783. This indicates that the stock is currently overbought.
The buy/sell signal for BIALETTI INDUSTRIE SPA (BIA.MI) is buy as both the short term and long term trends are positive.
BIALETTI INDUSTRIE SPA (BIA.MI) has a support level at 0.46 and a resistance level at 0.48. Check the full technical report for our detailed analysis of BIA.MI support and resistance levels.