Europe - BIT:BMED - IT0004776628 - Common Stock
We assign a technical rating of 10 out of 10 to BMED. 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.
Although BMED has an excellent technical rating, it does not present a decent entry opportunity 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.
15.43
We found 4 important support areas.
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 | 89.53 | POSITIVE | BMED.MI has a high relative strength, it outperformed 89.53% 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) | 78.54 | OVERBOUGHT | The high RSI value suggests BMED.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests BMED.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.07 | OVERBOUGHT | The high Stochastics value suggests BMED.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for BMED.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.7 | POSITIVE | The high ADX value value for BMED.MI suggests a strong trend. |
BIT:BMED (11/14/2025, 5:29:53 PM)
18.94
-0.19 (-0.99%)
ChartMill assigns a technical rating of 10 / 10 to BMED.MI.
The current trend direction for BANCA MEDIOLANUM SPA (BMED.MI) is Bullish.
BANCA MEDIOLANUM SPA (BMED.MI) has an RSI value of 78.5366. This indicates that the stock is currently overbought.
The MACD indicator for BANCA MEDIOLANUM SPA (BMED.MI) has a value of 0.207702, indicating a bearish trend.
The buy/sell signal for BANCA MEDIOLANUM SPA (BMED.MI) is buy as both the short term and long term trends are positive.