B&M EUROPEAN VALUE RETAIL SA (BME.L) Stock Technical Analysis
Europe - London Exchange - LON:BME - LU1072616219 - Common Stock
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.
Although the technical rating is bad, BME does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 155.20, a Stop Loss order could be placed below this zone.
More info and screens
153.64
When analyzing the support we notice one important area.
- A support zone ranging from 155.19 to 155.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 162.15 to 163.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 167.38 to 171.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @214.73 from a trend line in the weekly 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 | 0.59 | NEGATIVE | BME.L has a low relative strength, it was outperformed by 99.41% 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) | 43.96 | NEUTRAL | The RSI value for BME.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.95 | POSITIVE | The MACD value suggests BME.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.39 | NEUTRAL | The Stochastics value for BME.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BME.L suggests some volalility. |
| Average Directional Index/ADX (14) | 24.7 | NEUTRAL | The ADX value for BME.L suggests a possible start of a new trend. |
LON:BME (12/24/2025, 1:29:59 PM)
161.5
-1.85 (-1.13%)
B&M EUROPEAN VALUE RETAIL SA / BME.L FAQ
What is the technical rating for BME stock?
ChartMill assigns a technical rating of 0 / 10 to BME.L.
What is the current trend direction of B&M EUROPEAN VALUE RETAIL SA (BME.L) stock?
The current trend direction for B&M EUROPEAN VALUE RETAIL SA (BME.L) is Bearish.
What is the RSI signal for B&M EUROPEAN VALUE RETAIL SA (BME.L) stock?
B&M EUROPEAN VALUE RETAIL SA (BME.L) has an RSI value of 43.9615. This indicates that the stock is currently neutral.
Can you provide the short term momentum for B&M EUROPEAN VALUE RETAIL SA?
The short term momentum for B&M EUROPEAN VALUE RETAIL SA (BME.L) is negative.
What is the buy/sell signal for B&M EUROPEAN VALUE RETAIL SA (BME.L) stock?
The buy/sell signal for B&M EUROPEAN VALUE RETAIL SA (BME.L) is sell as both the short term and long term trends are negative.