L&G PHARMA BREAKTHROUGH (BIOT.MI) Stock Technical Analysis
BIT:BIOT - Euronext Milan - IE00BF0H7608 - ETF - Currency: EUR
Overall BIOT gets a technical rating of 0 out of 10. BIOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BIOT is a bad performer in the overall market: 61% of all stocks are doing better.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: BIOT has an average volume of 1803 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BIOT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIOT is lagging the market slightly.
In the last month BIOT has a been trading in the 8.63 - 10.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BIOT is bad and it also does not present a 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.
More info and screens
8.37
10.54
2 important support areas can be observed.
- Support @8.74 from a trend line in the daily time frame.
- A support zone ranging from 8.45 to 8.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.54 to 9.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.16 to 10.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for BIOT.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIOT.MI is down. |
| ChartMill Relative Strength | 39.42 | NEUTRAL | BIOT.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIOT.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIOT.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.92 | NEUTRAL | The RSI value for BIOT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BIOT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.25 | NEUTRAL | The Stochastics value for BIOT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for BIOT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.46 | NEGATIVE | The low ADX value for BIOT.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:BIOT (5/20/2025, 7:00:00 PM)
9.307
+0.14 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.53%
1 Week-8.41%
2 Weeks-8.36%
1 Month-9.13%
3 Month-3.61%
6 Month-12%
12 Month0.18%
2 Year-10.94%
3 Year-15.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.07%
ATR Inc-60.6%
Range Today0
ADR(20)0.07
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.42
Mansfield-2.73
10 Day High10.63
10 Day Low8.63
20 Day High10.63
20 Day Low8.63
52 Week High11.73
52 Week Low7.51
CS1 End8.74
CR1 Start9.54
Volume & EV
DER(3)0%
DER(5)0%
Volume31
Volume Incr340.89%
Vol(5)6.34K
Vol(50)1.80K