B&M EUROPEAN VALUE RETAIL PL (BME.L) Technical Analysis
LON:BME • JE00BVSYJW51
Current stock price
BME.L Technical Rating and Analysis
Taking everything into account, BME scores 3 out of 10 in our technical rating. In the past year, BME was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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.
- 93% 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 154.00 - 190.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- BME has an average volume of 3402090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
BME.L Weekly and Daily overview Charts
BME.L Setup Rating and Analysis
Although the technical rating is bad, BME does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 176.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 175.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BME in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BME.L Support and Resistance Analysis
153.64
3 important support areas can be observed.
- A support zone ranging from 171.15 to 175.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 157.99 to 160.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 176.64 to 177.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @191.01 from a horizontal line in the weekly time frame.
BME.L 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 BME.L is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BME.L is neutral. |
| ChartMill Relative Strength | 7.69 | NEGATIVE | BME.L has a low relative strength, it was outperformed by 92.31% 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) | UP | MIXED | The current price of BME.L is below the rising 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) | 51.55 | NEUTRAL | The RSI value for BME.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests BME.L has a positive trend. |
| Stochastics (14,3) | 28.21 | NEUTRAL | The Stochastics value for BME.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for BME.L suggests some volalility. |
| Average Directional Index/ADX (14) | 13.63 | NEGATIVE | The low ADX value for BME.L suggests a weak or negative trend. |
BME.L Chart- and CandleStick Pattern Analysis
BME.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:BME (4/24/2026, 5:29:59 PM)
176.2
+2.6 (+1.5%)
B&M EUROPEAN VALUE RETAIL PL / BME.L TA FAQ
What is the technical rating for BME stock?
ChartMill assigns a technical rating of 3 / 10 to BME.L.
Can you provide the trend direction for B&M EUROPEAN VALUE RETAIL PL?
The current trend direction for B&M EUROPEAN VALUE RETAIL PL (BME.L) is Bearish.
Can you provide the RSI signal for B&M EUROPEAN VALUE RETAIL PL?
B&M EUROPEAN VALUE RETAIL PL (BME.L) has an RSI value of 51.5498. This indicates that the stock is currently neutral.
Can you provide the MACD signal for B&M EUROPEAN VALUE RETAIL PL?
The MACD indicator for B&M EUROPEAN VALUE RETAIL PL (BME.L) has a value of 0.284545, indicating a bearish trend.
What is the short term momentum for B&M EUROPEAN VALUE RETAIL PL (BME.L) stock?
The short term momentum for B&M EUROPEAN VALUE RETAIL PL (BME.L) is neutral.