BORGOSESIA SPA (BO.MI) Stock Technical Analysis
BIT:BO - Euronext Milan - IT0003217335 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to BO. Recently some decent action could be observed, but in the medium term time frame this is still negative. BO was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
73% of all other stocks performed better in the past year than BO.
BO is part of the Industrial Conglomerates industry. There are 15 other stocks in this industry, of which 64% are performing better than BO.
BO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
BO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The technical rating of BO is bad and it also does not present a 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
0.52
0.62
We found 3 important support areas.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.54 from a horizontal line in the daily time frame.
- 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 and important moving averages in the daily time frame.
- A resistance zone ranging from 0.61 to 0.61. 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 | DOWN | NEGATIVE | The long term trend for BO.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BO.MI is neutral. |
| ChartMill Relative Strength | 27.37 | NEGATIVE | BO.MI has a low relative strength, it was outperformed by 72.63% off all stocks 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) | UP | POSITIVE | The current price of BO.MI is above the rising 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) | 49.55 | 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) | 53.97 | NEUTRAL | The Stochastics value for BO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.75 | NEUTRAL | The ADX value for BO.MI suggests a possible start of a new 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 (7/31/2025, 7:00:00 PM)
0.584
-0.02 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg-2.67%
1 Week-3.63%
2 Weeks-0.68%
1 Month5.04%
3 Month-1.35%
6 Month-15.36%
12 Month-5.81%
2 Year-17.05%
3 Year-18.44%
5 Year52.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%2.33%
ATR Inc19.51%
Range Today0.01
ADR(20)0.01
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.37
Mansfield-3.18
10 Day High0.62
10 Day Low0.58
20 Day High0.62
20 Day Low0.54
52 Week High0.85
52 Week Low0.53
CS1 End0.55
CR1 Start0.6
Volume & EV
DER(3)0%
DER(5)0%
Volume5.60K
Volume Incr-62.18%
Vol(5)24.69K
Vol(50)46.96K