ISHARES BIC 50 (BR50.MI) Stock Technical Analysis
BIT:BR50 - Euronext Milan - IE00B1W57M07 - ETF - Currency: EUR
Taking everything into account, BR50 scores 3 out of 10 in our technical rating. BR50 has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: BR50 has an average volume of 3374 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
In the last month BR50 has a been trading in the 20.32 - 21.80 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BR50 turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
BR50 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BR50 is lagging the market.
BR50 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
18.38
24.26
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.82 to 21.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.97 from a trend line in the weekly time frame.
- Support @19.50 from a trend line in the daily time frame.
- A support zone ranging from 18.57 to 18.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @22.06 from a trend line in the weekly time frame.
- Resistance @22.83 from a trend line in the weekly time frame.
- Resistance @23.32 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 23.84 to 24.02. 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 BR50.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BR50.MI is neutral. |
| ChartMill Relative Strength | 65.76 | NEUTRAL | BR50.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BR50.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BR50.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BR50.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.96 | NEUTRAL | The RSI value for BR50.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests BR50.MI has a positive trend. |
| Stochastics (14,3) | 75.53 | NEUTRAL | The Stochastics value for BR50.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for BR50.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 11.31 | NEGATIVE | The low ADX value for BR50.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:BR50 (8/7/2025, 7:00:00 PM)
21.53
+0.51 (+2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.4%
1 Week4.72%
2 Weeks4.16%
1 Month-1.58%
3 Month-4.54%
6 Month14%
12 Month31.67%
2 Year19.03%
3 Year3.39%
5 Year-27.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.85%
ATR Inc72.43%
Range Today0.07
ADR(20)0.16
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.76
Mansfield0.06
10 Day High21.8
10 Day Low20.32
20 Day High21.8
20 Day Low20.32
52 Week High24.02
52 Week Low15.99
CS1 End21.26
CR1 Start22.06
Volume & EV
DER(3)0%
DER(5)0%
Volume695
Volume Incr3.56%
Vol(5)2.22K
Vol(50)3.37K