
Europe - Euronext Milan - BIT:BR50 - IE00B1W57M07 - ETF
Taking everything into account, BR50 scores 5 out of 10 in our technical rating. In the last year, BR50 was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
BR50 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.67, a Stop Loss order could be placed below this zone.
18.70
When analyzing the support we can see 4 important areas.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for BR50.MI is down. |
| ChartMill Relative Strength | 74.98 | POSITIVE | BR50.MI has a high relative strength, it outperformed 74.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BR50.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BR50.MI is below the rising 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) | 41.24 | NEUTRAL | The RSI value for BR50.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BR50.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.96 | OVERSOLD | The low Stochastics value suggests BR50.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for BR50.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for BR50.MI suggests a weak or negative trend. |
BIT:BR50 (11/27/2025, 7:00:00 PM)
22.68
-0.11 (-0.46%)
ChartMill assigns a technical rating of 5 / 10 to BR50.MI.
The current trend direction for ISHARES BIC 50 (BR50.MI) is Bullish.
ISHARES BIC 50 (BR50.MI) has an RSI value of 41.2428. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES BIC 50 (BR50.MI) has a value of -0.120023, indicating a bearish trend.
ISHARES BIC 50 (BR50.MI) has a support level at 22.67 and a resistance level at 22.95. Check the full technical report for our detailed analysis of BR50.MI support and resistance levels.