B&M EUROPEAN VALUE RETAIL SA (BME.L) Stock Technical Analysis
LON:BME - London Exchange - LU1072616219 - Common Stock - Currency: GBX
Taking everything into account, BME scores 0 out of 10 in our technical rating. 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.
98% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BME has a been trading in the 255.50 - 288.60 range, which is quite wide. It is currently trading near the lows of this range.
BME has an average volume of 2484120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BME has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
253.03
330.69
When analyzing the support we can see 2 important areas.
- Support @261.39 from a horizontal line in the weekly time frame.
- A support zone ranging from 255.59 to 255.90. 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 269.95 to 274.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 288.61 to 290.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @327.42 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 | DOWN | NEGATIVE | The short term trend for BME.L is down. |
| ChartMill Relative Strength | 2.3 | NEGATIVE | BME.L has a low relative strength, it was outperformed by 97.7% 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) | 38.5 | NEUTRAL | The RSI value for BME.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests BME.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.34 | OVERSOLD | The low Stochastics value suggests BME.L may be oversold. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for BME.L suggests some volalility. |
| Average Directional Index/ADX (14) | 21.09 | 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 (7/11/2025, 5:29:59 PM)
261.4
-2.8 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.06%
1 Week-4.6%
2 Weeks-3.08%
1 Month-0.04%
3 Month-8.6%
6 Month-17.16%
12 Month-41.92%
2 Year-52.82%
3 Year-38.33%
5 Year-43.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.57
ATR(20)%3.29%
ATR Inc-31.71%
Range Today7.8
ADR(20)7.95
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.3
Mansfield-3.12
10 Day High288.6
10 Day Low259.3
20 Day High288.6
20 Day Low255.5
52 Week High472.5
52 Week Low254.65
CS1 End261.39
CR1 Start269.95
Volume & EV
DER(3)0.04%
DER(5)2.24%
Volume2.21M
Volume Incr-41.68%
Vol(5)1.81M
Vol(50)2.48M