BIT:BRA - Euronext Milan - LU1900066207 - ETF - Currency: EUR
Taking everything into account, BRA scores 3 out of 10 in our technical rating. BRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BRA has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
15.64
2 important support areas can be observed.
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 | 24.27 | NEGATIVE | BRA.MI has a low relative strength, it was outperformed by 75.73% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BRA.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BRA.MI is above a declining 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) | 50.34 | NEUTRAL | The RSI value for BRA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BRA.MI has a negative trend. |
Stochastics (14,3) | 43.7 | NEUTRAL | The Stochastics value for BRA.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for BRA.MI suggests some volalility. |
Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for BRA.MI suggests a weak or negative trend. |
BIT:BRA (7/17/2025, 7:00:00 PM)
18.45
+0.19 (+1.05%)