BPER BANCA SPA (BPE.MI) Stock Technical Analysis
BIT:BPE - Euronext Milan - IT0000066123 - Common Stock - Currency: EUR
Overall BPE gets a technical rating of 9 out of 10. In the last year, BPE was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, BPE did better than 91% of all other stocks. We also observe that the gains produced by BPE over the past year are nicely spread over this period.
BPE is part of the Banks industry. There are 96 other stocks in this industry. BPE outperforms 76% of them.
BPE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BPE is performing more or less in line with the market.
BPE 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.
BPE has an average volume of 15982300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BPE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7.54, a Stop Loss order could be placed below this zone.
More info and screens
5.84
8.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.54 to 7.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.59 from a trend line in the weekly time frame.
- Support @6.23 from a trend line in the daily time frame.
- A support zone ranging from 5.90 to 5.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.95 to 7.97. 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 BPE.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BPE.MI is neutral. |
| ChartMill Relative Strength | 91.58 | POSITIVE | BPE.MI has a high relative strength, it outperformed 91.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BPE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BPE.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BPE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for BPE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BPE.MI has a negative trend. |
| Stochastics (14,3) | 28.75 | NEUTRAL | The Stochastics value for BPE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BPE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.79 | NEGATIVE | The low ADX value for BPE.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.60 | 7.53 | 0.07 (0.92%) | 25.00% |
| An entry @7.60. This is a Buy Stop order right above the resistance zone. | An exit @7.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 0.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- The distance between exit and entry is rather small compared to the average daily movement of BPE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:BPE (6/18/2025, 5:35:15 PM)
7.6
+0.05 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.66%
1 Week-1.77%
2 Weeks-2.18%
1 Month-0.92%
3 Month-0.76%
6 Month25.5%
12 Month64.38%
2 Year171.39%
3 Year381.66%
5 Year241.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.54%
ATR Inc23.92%
Range Today0.12
ADR(20)0.18
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.58
Mansfield1.72
10 Day High8.02
10 Day Low7.44
20 Day High8.02
20 Day Low7.43
52 Week High8.05
52 Week Low4.49
CS1 End7.54
CR1 Start7.59
Volume & EV
DER(3)0.08%
DER(5)-0.42%
Volume3.16M
Volume Incr-28.8%
Vol(5)9.48M
Vol(50)15.98M