L&G PHARMA BREAKTHROUGH (BIOT.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BIOT - IE00BF0H7608 - ETF
Overall BIOT gets a technical rating of 8 out of 10. Although BIOT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: BIOT has an average volume of 5125 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 positive. This is looking good!
- BIOT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- BIOT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that BIOT is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BIOT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.58, a Stop Loss order could be placed below this zone.
More info and screens
8.38
4 important support areas can be observed.
- A support zone ranging from 11.54 to 11.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.29 from a horizontal line in the daily time frame.
- A support zone ranging from 8.89 to 8.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.46 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 12.04 to 12.04. 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 | UP | POSITIVE | The long term trend for BIOT.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIOT.MI is up. |
| ChartMill Relative Strength | 71.19 | POSITIVE | BIOT.MI has a high relative strength, it outperformed 71.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIOT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIOT.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.36 | NEUTRAL | The RSI value for BIOT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BIOT.MI has a negative trend. |
| Stochastics (14,3) | 59.33 | NEUTRAL | The Stochastics value for BIOT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for BIOT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for BIOT.MI suggests a possible start of a new trend. |
BIT:BIOT (1/12/2026, 7:00:00 PM)
11.742
+0.02 (+0.2%)
L&G PHARMA BREAKTHROUGH / BIOT.MI FAQ
Can you provide the ChartMill technical rating for L&G PHARMA BREAKTHROUGH?
ChartMill assigns a technical rating of 8 / 10 to BIOT.MI.
What is the trend direction for BIOT stock?
The current trend direction for L&G PHARMA BREAKTHROUGH (BIOT.MI) is Bullish.
What is the RSI signal for BIOT stock?
L&G PHARMA BREAKTHROUGH (BIOT.MI) has an RSI value of 58.3631. This indicates that the stock is currently neutral.
What is the buy/sell signal for L&G PHARMA BREAKTHROUGH (BIOT.MI) stock?
The buy/sell signal for L&G PHARMA BREAKTHROUGH (BIOT.MI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for BIOT stock?
L&G PHARMA BREAKTHROUGH (BIOT.MI) has a support level at 11.58 and a resistance level at 11.68. Check the full technical report for our detailed analysis of BIOT.MI support and resistance levels.