B&M EUROPEAN VALUE RETAIL SA (BME.L) Stock Technical Analysis
LON:BME - LU1072616219 - Common Stock
240 GBX
+6.5 (+2.78%)
We assign a technical rating of 1 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BME is a bad performer in the overall market: 97% of all stocks are doing better.
BME 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.
BME has an average volume of 2286090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BME has a been trading in the 221.40 - 245.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BME has a poor technical rating and the quality of the setup is also not perfect 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
226.59
328.57
When analyzing the support we notice one important area.
- Support @228.88 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 240.50 to 244.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @325.32 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for BME.L is neutral. |
| ChartMill Relative Strength | 3.12 | NEGATIVE | BME.L has a low relative strength, it was outperformed by 96.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BME.L is above the rising 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) | 54.5 | NEUTRAL | The RSI value for BME.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests BME.L has a positive trend. |
| Stochastics (14,3) | 50.2 | NEUTRAL | The Stochastics value for BME.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for BME.L suggests some volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for BME.L suggests a possible start of a new 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 (9/5/2025, 5:36:15 PM)
240
+6.5 (+2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.78%
1 Week-0.33%
2 Weeks1.35%
1 Month7.99%
3 Month-16.7%
6 Month-10.75%
12 Month-43.13%
2 Year-59.14%
3 Year-21.59%
5 Year-51.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.21
ATR(20)%2.32%
ATR Inc30.27%
Range Today5.9
ADR(20)5.33
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.12
Mansfield-3.12
10 Day High245.2
10 Day Low224.3
20 Day High245.2
20 Day Low221.4
52 Week High434.4
52 Week Low216.5
CS1 End228.88
CR1 Start240.5
Volume & EV
DER(3)6.17%
DER(5)5.86%
Volume1.04M
Volume Incr-11.59%
Vol(5)1.49M
Vol(50)2.29M