ESTRIMA SPA (BIRO.MI) Technical Analysis
BIT:BIRO • IT0005468191
Current stock price
BIRO.MI Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than BIRO.
- BIRO is part of the Automobiles industry. There are 30 other stocks in this industry, of which 96% 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.
BIRO.MI Weekly and Daily overview Charts
BIRO.MI Setup Rating and Analysis
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.
More info and screens
BIRO.MI Support and Resistance Analysis
0.20
When analyzing the resistance we notice 2 important areas.
- 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.
BIRO.MI 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BIRO.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIRO.MI is down. |
| ChartMill Relative Strength | 0.4 | NEGATIVE | BIRO.MI has a low relative strength, it was outperformed by 99.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIRO.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BIRO.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 29.22 | OVERSOLD | The low RSI value suggests BIRO.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BIRO.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.91 | OVERSOLD | The low Stochastics value suggests BIRO.MI may be oversold. |
| Average True Range in percent/ATR (20) | 9.22 | HIGH VOLATILITY | The high ATR as a percentage value for BIRO.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for BIRO.MI suggests a weak or negative trend. |
BIRO.MI Chart- and CandleStick Pattern Analysis
BIRO.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:BIRO (10/1/2025, 7:00:00 PM)
0.201
0 (-1.47%)
ESTRIMA SPA / BIRO.MI TA FAQ
What is the technical rating for BIRO stock?
ChartMill assigns a technical rating of 0 / 10 to BIRO.MI.
Can you provide the trend direction for ESTRIMA SPA?
The current trend direction for ESTRIMA SPA (BIRO.MI) is Bearish.
Can you provide the RSI signal for ESTRIMA SPA?
ESTRIMA SPA (BIRO.MI) has an RSI value of 29.2158. This indicates that the stock is currently oversold.
Can you provide the short term momentum for ESTRIMA SPA?
The short term momentum for ESTRIMA SPA (BIRO.MI) is negative.
What is the buy/sell signal for BIRO stock?
The buy/sell signal for ESTRIMA SPA (BIRO.MI) is sell as both the short term and long term trends are negative.