B&M EUROPEAN VALUE RETAIL SA (BME.L) Stock Technical Analysis
LON:BME - London Exchange - LU1072616219 - Common Stock - Currency: GBX
We assign a technical rating of 0 out of 10 to BME. BME 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.
96% of all other stocks performed better in the past year than BME.
BME is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BME is lagging the market.
In the last month BME has a been trading in the 255.50 - 344.50 range, which is quite wide. It is currently trading near the lows of this range.
BME has an average volume of 2225170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
BME has a poor technical rating and the quality of the setup is also only medium 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
253.03
346.23
We found 2 important support areas.
- A support zone ranging from 261.49 to 263.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @255.59 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @334.84 from a trend line in the daily time frame.
- Resistance @342.80 from a horizontal line in the daily time frame.
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 BME.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BME.L is down. |
| ChartMill Relative Strength | 4.11 | NEGATIVE | BME.L has a low relative strength, it was outperformed by 95.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BME.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BME.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BME.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.63 | OVERSOLD | The low RSI value suggests BME.L may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.33 | NEGATIVE | The MACD value suggests BME.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.17 | OVERSOLD | The low Stochastics value suggests BME.L may be oversold. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for BME.L suggests some volalility. |
| Average Directional Index/ADX (14) | 41.72 | POSITIVE | The high ADX value value for BME.L suggests a strong 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)
LON:BME (6/18/2025, 5:36:15 PM)
270.1
+6.9 (+2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.62%
1 Week-0.3%
2 Weeks-20.84%
1 Month-22.86%
3 Month-0.38%
6 Month-27.67%
12 Month-44%
2 Year-52.61%
3 Year-28.56%
5 Year-34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.84
ATR(20)%4.23%
ATR Inc-27.48%
Range Today7.4
ADR(20)10.94
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.11
Mansfield-3.02
10 Day High332.1
10 Day Low255.5
20 Day High344.5
20 Day Low255.5
52 Week High472.5
52 Week Low254.65
CS1 End261.49
CR1 Start334.84
Volume & EV
DER(3)-1.67%
DER(5)0.15%
Volume2.59M
Volume Incr28.95%
Vol(5)3.02M
Vol(50)2.23M