AMUNDI STX600 BASIC RSRCES (BRES.MI) Stock Technical Analysis
BIT:BRES - Euronext Milan - LU1834983550 - ETF - Currency: EUR
Taking everything into account, BRES scores 2 out of 10 in our technical rating. BRES's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, BRES is a bad performer in the overall market: 78% of all stocks are doing better.
Warning: BRES has an average volume of 14748 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BRES has a been trading in the 69.69 - 83.70 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BRES is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRES is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of BRES is bad and it also does not present a 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
70.82
100.96
We found 3 important support areas.
- A support zone ranging from 79.21 to 79.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @75.53 from a trend line in the weekly time frame.
- Support @71.54 from a horizontal line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 80.93 to 82.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @85.27 from a trend line in the weekly time frame.
- Resistance @87.25 from a trend line in the daily time frame.
- A resistance zone ranging from 90.49 to 90.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @93.95 from a trend line in the weekly time frame.
- A resistance zone ranging from 99.12 to 99.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BRES.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRES.MI is neutral. |
| ChartMill Relative Strength | 22.22 | NEGATIVE | BRES.MI has a low relative strength, it was outperformed by 77.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRES.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRES.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRES.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.59 | NEUTRAL | The RSI value for BRES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests BRES.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.24 | NEUTRAL | The Stochastics value for BRES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for BRES.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.15 | NEGATIVE | The low ADX value for BRES.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:BRES (7/31/2025, 7:00:00 PM)
80.5
-2.3 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.78%
1 Week0.27%
2 Weeks-1.35%
1 Month17.98%
3 Month-9.54%
6 Month-6.4%
12 Month-3.31%
2 Year-3.37%
3 Year-22.16%
5 Year44.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%2.64%
ATR Inc37.6%
Range Today1.11
ADR(20)1.16
ADR(20)%1.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.22
Mansfield-2.24
10 Day High83.7
10 Day Low79.52
20 Day High83.7
20 Day Low69.69
52 Week High101.72
52 Week Low67.35
CS1 End79.74
CR1 Start80.93
Volume & EV
DER(3)0%
DER(5)0%
Volume3.82K
Volume Incr-78.52%
Vol(5)3.28K
Vol(50)14.75K