BORGOSESIA SPA (BO.MI) Stock Technical Analysis
BIT:BO - Euronext Milan - IT0003217335 - Common Stock - Currency: EUR
Overall BO gets a technical rating of 2 out of 10. In the past year, BO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BO is a bad performer in the overall market: 69% of all stocks are doing better.
BO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BO is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
BO is an average performer in the Industrial Conglomerates industry, it outperforms 46% of 14 stocks in the same industry.
In the last month BO has a been trading in the 0.53 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BO has a poor technical rating and the quality of the setup is also only medium 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
0.52
0.62
We found 6 important support areas.
- Support @0.59 from a trend line in the daily time frame.
- A support zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.55 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.61 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for BO.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BO.MI is up. |
| ChartMill Relative Strength | 31.39 | NEUTRAL | BO.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BO.MI is above the rising 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) | 55.41 | NEUTRAL | The RSI value for BO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BO.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.77 | OVERBOUGHT | The high Stochastics value suggests BO.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for BO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for BO.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:BO (6/13/2025, 7:00:00 PM)
0.59
+0 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0.34%
1 Week0.68%
2 Weeks3.87%
1 Month8.46%
3 Month0.68%
6 Month-8.67%
12 Month-9.79%
2 Year-26.98%
3 Year-21.12%
5 Year50.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.92%
ATR Inc-54.84%
Range Today0.01
ADR(20)0.02
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.39
Mansfield-2.83
10 Day High0.6
10 Day Low0.54
20 Day High0.65
20 Day Low0.53
52 Week High0.85
52 Week Low0.53
CS1 End0.59
CR1 Start0.6
Volume & EV
DER(3)0%
DER(5)0%
Volume31.28K
Volume Incr-49.96%
Vol(5)37.09K
Vol(50)48.13K