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ESTRIMA SPA (BIRO.MI) Stock Technical Analysis

Europe - Euronext Milan - BIT:BIRO - IT0005468191 - Common Stock

0.201 EUR
0 (-1.47%)
Last: 10/1/2025, 7:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BIRO. BIRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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, BIRO is a bad performer in the overall market: 100% of all stocks are doing better.
BIRO is part of the Automobiles industry. There are 32 other stocks in this industry, of which 87% are performing better than BIRO.
BIRO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BIRO has a been trading in the 0.20 - 0.35 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.
Considerably lower volume is observed in the last couple of days.

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Weekly and Daily overview Charts
ESTRIMA SPA / BIRO Weekly stock chart
ESTRIMA SPA / BIRO Daily stock chart
Setup Rating and Analysis

3

The technical rating of BIRO 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.

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Support and Resistance Analysis

0.20

0.36

2 important resistance areas can be observed.

  • A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • Resistance @0.36 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for BIRO.MI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BIRO.MI is down.
ChartMill Relative Strength0.4NEGATIVEBIRO.MI has a low relative strength, it was outperformed by 99.6% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BIRO.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BIRO.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)29.22OVERSOLDThe low RSI value suggests BIRO.MI may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests BIRO.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)5.91OVERSOLDThe low Stochastics value suggests BIRO.MI may be oversold.
Average True Range in percent/ATR (20)9.22HIGH VOLATILITYThe high ATR as a percentage value for BIRO.MI suggests high volalility.
Average Directional Index/ADX (14)11.93NEGATIVEThe low ADX value for BIRO.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

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ESTRIMA SPA / BIRO Daily stock chart

ESTRIMA SPA

BIT:BIRO (10/1/2025, 7:00:00 PM)

0.201

0 (-1.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryAutomobiles
Performance
% Chg-1.47%
1 Week-12.23%
2 Weeks-17.28%
1 Month-41.74%
3 Month-57.23%
6 Month-58.64%
12 Month-88.41%
2 Year-84.05%
3 Year-86.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.22%
ATR Inc-45.13%
Range Today0.01
ADR(20)0.01
ADR(20)%6.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.4
3 months CRSN/A
6 months CRSN/A
Mansfield-8.04
10 Day High0.26
10 Day Low0.2
20 Day High0.35
20 Day Low0.2
52 Week High2.01
52 Week Low0.19
CS1 EndN/A
CR1 Start0.29
Volume & EV
DER(3)0%
DER(5)0%
Volume30.00K
Volume Incr-34.69%
Vol(5)48.24K
Vol(50)127.66K

ESTRIMA SPA / BIRO.MI FAQ

What is the technical rating for BIRO stock?

ChartMill assigns a technical rating of 0 / 10 to BIRO.MI.


What is the current trend direction of ESTRIMA SPA (BIRO.MI) stock?

The current trend direction for ESTRIMA SPA (BIRO.MI) is Bearish.


What is the RSI signal for ESTRIMA SPA (BIRO.MI) stock?

ESTRIMA SPA (BIRO.MI) has an RSI value of 29.2158. This indicates that the stock is currently oversold.


Can you provide the buy/sell signal for ESTRIMA SPA?

The buy/sell signal for ESTRIMA SPA (BIRO.MI) is sell as both the short term and long term trends are negative.


What is the support and resistance level for BIRO stock?

ESTRIMA SPA (BIRO.MI) has a resistance level at 0.29. Check the full technical report for our detailed analysis of BIRO.MI support and resistance levels.