AMUNDI EURSTX600 BANKS (BNK.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BNK - LU1834983477 - ETF
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.
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
46.86
We found 4 important support areas.
- A support zone ranging from 54.22 to 56.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.76 to 52.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.60 from a horizontal line in the daily time frame.
- Support @47.33 from a trend line in the weekly time frame.
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 | 91.11 | POSITIVE | BNK.MI has a high relative strength, it outperformed 91.11% 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) | 72.99 | OVERBOUGHT | The high RSI value suggests BNK.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests BNK.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.76 | OVERBOUGHT | The high Stochastics value suggests BNK.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for BNK.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.88 | POSITIVE | The high ADX value value for BNK.MI suggests a strong trend. |
BIT:BNK (12/22/2025, 7:00:00 PM)
59.18
-0.11 (-0.19%)
AMUNDI EURSTX600 BANKS / BNK.MI FAQ
What is the ChartMill technical rating of AMUNDI EURSTX600 BANKS (BNK.MI) stock?
ChartMill assigns a technical rating of 10 / 10 to BNK.MI.
What is the current trend direction of AMUNDI EURSTX600 BANKS (BNK.MI) stock?
The current trend direction for AMUNDI EURSTX600 BANKS (BNK.MI) is Bullish.
What is the RSI signal for AMUNDI EURSTX600 BANKS (BNK.MI) stock?
AMUNDI EURSTX600 BANKS (BNK.MI) has an RSI value of 72.9868. This indicates that the stock is currently overbought.
What is the short term momentum for AMUNDI EURSTX600 BANKS (BNK.MI) stock?
The short term momentum for AMUNDI EURSTX600 BANKS (BNK.MI) is positive.
What is the buy/sell signal for AMUNDI EURSTX600 BANKS (BNK.MI) stock?
The buy/sell signal for AMUNDI EURSTX600 BANKS (BNK.MI) is buy as both the short term and long term trends are positive.