BANCA MEDIOLANUM SPA (BMED.MI) Stock Technical Analysis
BIT:BMED - Euronext Milan - IT0004776628 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to BMED. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BMED has a been trading in the 13.91 - 15.06 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that BMED is one of the better performing stocks in the market, outperforming 79% of all stocks.
BMED is one of the better performing stocks in the Financial Services industry, it outperforms 75% of 50 stocks in the same industry.
BMED is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BMED is performing more or less in line with the market.
BMED has an average volume of 2419800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Considerably lower volume is observed in the last couple of days.
BMED has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
11.98
15.51
3 important support areas can be observed.
- Support @13.63 from a trend line in the weekly time frame.
- A support zone ranging from 12.63 to 12.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.03 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.22 to 15.36. 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 | DOWN | NEGATIVE | The short term trend for BMED.MI is down. |
| ChartMill Relative Strength | 79.36 | POSITIVE | BMED.MI has a high relative strength, it outperformed 79.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMED.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BMED.MI is below 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) | 45.89 | NEUTRAL | The RSI value for BMED.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BMED.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.68 | NEUTRAL | The Stochastics value for BMED.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for BMED.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.81 | 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)
BIT:BMED (6/23/2025, 1:51:01 PM)
13.95
-0.23 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.62%
1 Week0.21%
2 Weeks-3.41%
1 Month-3.93%
3 Month-3.01%
6 Month24.82%
12 Month35.31%
2 Year71.21%
3 Year125.87%
5 Year121.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.88%
ATR Inc-4.37%
Range Today0.22
ADR(20)0.25
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.36
Mansfield1.14
10 Day High14.7
10 Day Low13.91
20 Day High15.06
20 Day Low13.91
52 Week High15.51
52 Week Low9.3
CS1 End13.63
CR1 Start14.25
Volume & EV
DER(3)-1.57%
DER(5)-0.25%
Volume287.02K
Volume Incr-54.37%
Vol(5)1.35M
Vol(50)2.42M