BIT:BRE - Euronext Milan - NL0015001KT6 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to BRE. BRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BRE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
7.10
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for BRE.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRE.MI is down. |
ChartMill Relative Strength | 13.1 | NEGATIVE | BRE.MI has a low relative strength, it was outperformed by 86.9% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRE.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRE.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRE.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 41.23 | NEUTRAL | The RSI value for BRE.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests BRE.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 18.15 | OVERSOLD | The low Stochastics value suggests BRE.MI may be oversold. |
Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for BRE.MI suggests some volalility. |
Average Directional Index/ADX (14) | 22.83 | NEUTRAL | The ADX value for BRE.MI suggests a possible start of a new trend. |
BIT:BRE (6/16/2025, 7:00:00 PM)
7.73
+0.07 (+0.85%)