BIT:BRA - Euronext Milan - LU1900066207 - ETF - Currency: EUR
Taking everything into account, BRA scores 4 out of 10 in our technical rating. In the past year, BRA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BRA 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.
15.64
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for BRA.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRA.MI is neutral. |
ChartMill Relative Strength | 29.46 | NEGATIVE | BRA.MI has a low relative strength, it was outperformed by 70.54% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRA.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRA.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRA.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.24 | NEUTRAL | The RSI value for BRA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BRA.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 51.49 | NEUTRAL | The Stochastics value for BRA.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for BRA.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for BRA.MI suggests a weak or negative trend. |
BIT:BRA (5/28/2025, 7:00:00 PM)
18.54
+0.51 (+2.85%)