AMUNDI EURSTX600 BANKS (BNK.MI) Stock Technical Analysis
BIT:BNK - Euronext Milan - LU1834983477 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to BNK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BNK is showing a nice and steady performance.
Warning: BNK has an average volume of 21671 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BNK did better than 90% of all other stocks. We also observe that the gains produced by BNK over the past year are nicely spread over this period.
BNK 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.
In the last month BNK has a been trading in the 44.08 - 47.98 range, which is quite wide. It is currently trading near the high of this range.
Although BNK has an excellent technical rating, it does not offer a high quality setup 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
37.34
48.36
4 important support areas can be observed.
- A support zone ranging from 44.29 to 46.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.47 from a trend line in the weekly time frame.
- Support @39.02 from a trend line in the daily time frame.
- Support @37.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.57 to 47.88. 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 BNK.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNK.MI is up. |
| ChartMill Relative Strength | 90.05 | POSITIVE | BNK.MI has a high relative strength, it outperformed 90.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNK.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNK.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNK.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.22 | NEUTRAL | The RSI value for BNK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests BNK.MI has a positive trend. |
| Stochastics (14,3) | 79.67 | NEUTRAL | The Stochastics value for BNK.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for BNK.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.42 | NEGATIVE | The low ADX value for BNK.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:BNK (7/25/2025, 9:10:11 AM)
47.56
-0.31 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.66%
1 Week3.55%
2 Weeks0.57%
1 Month4.08%
3 Month14.41%
6 Month29.12%
12 Month57.74%
2 Year94.52%
3 Year163.75%
5 Year257.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%1.54%
ATR Inc36.93%
Range Today0
ADR(20)0.52
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.05
Mansfield1.44
10 Day High47.98
10 Day Low45.74
20 Day High47.98
20 Day Low44.08
52 Week High47.98
52 Week Low28.4
CS1 End46.88
CR1 Start47.57
Volume & EV
DER(3)0%
DER(5)0%
Volume227
Volume Incr-45.38%
Vol(5)18.01K
Vol(50)21.67K