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.
Although BIA has an excellent technical rating, it 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.
0.23
We found 4 important support areas.
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 | 98.39 | POSITIVE | BIA.MI has a high relative strength, it outperformed 98.39% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIA.MI is above 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) | 85.13 | OVERBOUGHT | The high RSI value suggests BIA.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BIA.MI has a negative trend. |
Stochastics (14,3) | 81.85 | OVERBOUGHT | The high Stochastics value suggests BIA.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for BIA.MI suggests some volalility. |
Average Directional Index/ADX (14) | 61.98 | POSITIVE | The high ADX value value for BIA.MI suggests a strong trend. |
BIT:BIA (6/4/2025, 7:00:00 PM)
0.456
0 (-0.44%)