BANCA MEDIOLANUM SPA (BMED.MI) Stock Technical Analysis
Europe - BIT:BMED - IT0004776628 - Common Stock
17.05 EUR
+0.14 (+0.83%)
Overall BMED gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BMED is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BMED is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, BMED also shows a nice and consistent pattern of rising prices.
BMED is part of the Financial Services industry. There are 49 other stocks in this industry. BMED outperforms 95% of them.
BMED is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
BMED has an average volume of 1116380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BMED has a been trading in a tight range between 16.58 and 17.53.
BMED has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.01, a Stop Loss order could be placed below this zone.
More info and screens
14.88
17.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.45 to 17.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.03 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.51 to 17.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for BMED.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMED.MI is up. |
| ChartMill Relative Strength | 88.54 | POSITIVE | BMED.MI has a high relative strength, it outperformed 88.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMED.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMED.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMED.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.93 | NEUTRAL | The RSI value for BMED.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BMED.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.75 | NEUTRAL | The Stochastics value for BMED.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for BMED.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for BMED.MI suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.24 | 16.57 | 0.67 (3.89%) | 25.00% |
| An entry @17.24. This is a Buy Stop order right above the 10 day high. | An exit @16.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.67 points, which is 3.89%. | For a 0.97% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:BMED (10/3/2025, 7:00:00 PM)
17.05
+0.14 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.83%
1 Week0.53%
2 Weeks0.29%
1 Month0.41%
3 Month19.4%
6 Month33.83%
12 Month53.88%
2 Year121.26%
3 Year124.93%
5 Year190.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.45%
ATR Inc0%
Range Today0.32
ADR(20)0.24
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.54
Mansfield1.02
10 Day High17.23
10 Day Low16.58
20 Day High17.53
20 Day Low16.58
52 Week High17.66
52 Week Low10.74
CS1 End17.01
CR1 Start17.51
Volume & EV
DER(3)2.02%
DER(5)1.21%
Volume820.14K
Volume Incr-23.96%
Vol(5)749.54K
Vol(50)1.12M