L&G PHARMA BREAKTHROUGH (BIOT.MI) Stock Technical Analysis
BIT:BIOT - Euronext Milan - IE00BF0H7608 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to BIOT. BIOT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BIOT has a been trading in the 8.63 - 10.63 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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 1832 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, BIOT turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
BIOT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of BIOT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.37
10.41
When analyzing the support we can see 2 important areas.
- Support @8.72 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 found 1 important resistance area.
- A resistance zone ranging from 10.20 to 10.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.4
Mansfield-2.42
10 Day High10.63
10 Day Low8.63
20 Day High10.63
20 Day Low8.63
52 Week High11.73
52 Week Low7.51
Performance
1 Week-11.81%
2 Weeks-7.98%
1 Month-9.51%
3 Month0.93%
6 Month-14.86%
12 Month-0.93%
2 Year-14.2%
3 Year-17.99%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)39.67
LBB8.94
UBB10.85
BIT:BIOT (4/28/2025, 7:00:00 PM)
9.069
+0.41 (+4.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.78%
1 Week-11.81%
2 Weeks-7.98%
1 Month-9.51%
3 Month0.93%
6 Month-14.86%
12 Month-0.93%
2 Year-14.2%
3 Year-17.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.17%
ATR Inc403.61%
Range Today0
ADR(20)0.07
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.4
Mansfield-2.42
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 End8.72
CR1 Start10.2
Volume & EV
DER(3)0%
DER(5)0%
Volume283
Volume Incr419.16%
Vol(5)6.46K
Vol(50)1.83K