ISHARES BIC 50 (BR50.MI) Stock Technical Analysis
BIT:BR50 - Euronext Milan - IE00B1W57M07 - ETF - Currency: EUR
Taking everything into account, BR50 scores 6 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.
Warning: BR50 has an average volume of 4900 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BR50 did better than 75% of all other stocks. On top of that, BR50 also shows a nice and consistent pattern of rising prices. However, BR50's most recent performance is quite weak.
BR50 is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BR50 is lagging the market slightly.
In the last month BR50 has a been trading in the 19.42 - 22.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BR50 has an average technical rating and it also does not offer a high 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
18.11
23.55
We found 3 important support areas.
- Support @19.51 from a trend line in the weekly time frame.
- Support @19.20 from a trend line in the daily time frame.
- A support zone ranging from 18.29 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.
- A resistance zone ranging from 20.89 to 21.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.06 from a horizontal line in the daily time frame.
- Resistance @22.58 from a trend line in the weekly time frame.
- Resistance @23.32 from a horizontal line in the weekly 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 | 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 | 75.26 | POSITIVE | BR50.MI has a high relative strength, it outperformed 75.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BR50.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BR50.MI is below 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) | 44.07 | NEUTRAL | The RSI value for BR50.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BR50.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.94 | NEUTRAL | The Stochastics value for BR50.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for BR50.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.34 | 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 (6/19/2025, 7:00:00 PM)
20.53
-0.64 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.05%
1 Week-1.25%
2 Weeks-6.91%
1 Month3.2%
3 Month-8.41%
6 Month4.45%
12 Month33.1%
2 Year16.5%
3 Year-8.14%
5 Year-28.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%1.91%
ATR Inc59.83%
Range Today0.09
ADR(20)0.16
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.26
Mansfield0.04
10 Day High21.89
10 Day Low20.52
20 Day High22.3
20 Day Low19.42
52 Week High24.02
52 Week Low15.46
CS1 End19.51
CR1 Start20.89
Volume & EV
DER(3)0%
DER(5)0%
Volume2.87K
Volume Incr-49.92%
Vol(5)1.35K
Vol(50)4.90K