Europe - BIT:BO - IT0003217335 - Common Stock
Taking everything into account, BO scores 0 out of 10 in our technical rating. BO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 0.59. Right above this resistance zone may be a good entry point.
0.52
We found 4 important support areas.
When analyzing the resistance we notice 3 important 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 | DOWN | NEGATIVE | The long term trend for BO.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BO.MI is down. |
ChartMill Relative Strength | 26.89 | NEGATIVE | BO.MI has a low relative strength, it was outperformed by 73.11% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BO.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BO.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BO.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.32 | NEUTRAL | The RSI value for BO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BO.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 24.7 | NEUTRAL | The Stochastics value for BO.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for BO.MI suggests some volalility. |
Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for BO.MI suggests a weak or negative trend. |
BIT:BO (10/16/2025, 7:00:00 PM)
0.578
+0.01 (+1.05%)