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AMUNDI STX600 BASIC RSRCES (BRES.MI) Stock Technical Analysis

BIT:BRES - Euronext Milan - LU1834983550 - ETF - Currency: EUR

76.6  -1.05 (-1.35%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BRES. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
70% of all other stocks performed better in the past year than BRES.
BRES is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: BRES has an average volume of 11511 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 67.35 - 91.09 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.
Weekly and Daily overview Charts
AMUNDI STX600 BASIC RSRCES / BRES Weekly stock chart
AMUNDI STX600 BASIC RSRCES / BRES Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

70.82

100.96

When analyzing the support we notice one important area.

  • Support @71.54 from a horizontal line in the weekly time frame.

We can see 7 important resistance areas.

  • A resistance zone ranging from 77.66 to 77.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @86.35 from a trend line in the daily time frame.
  • Resistance @88.31 from a trend line in the weekly time frame.
  • A resistance zone ranging from 89.95 to 90.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @94.97 from a trend line in the weekly time frame.
  • Resistance @97.06 from a trend line in the daily 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.8
Mansfield-2.15
10 Day High81.7
10 Day Low67.35
20 Day High91.09
20 Day Low67.35
52 Week High101.72
52 Week Low67.35
Performance
1 Week13.81%
2 Weeks-5.3%
1 Month-12.75%
3 Month-10.36%
6 Month-15.61%
12 Month-5.24%
2 Year-8.85%
3 Year-18.1%
5 Year37.43%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)45.73
LBB64.83
UBB89.32
AMUNDI STX600 BASIC RSRCES / BRES Daily stock chart

AMUNDI STX600 BASIC RSRCES

BIT:BRES (5/6/2025, 1:23:13 PM)

76.6

-1.05 (-1.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.35%
1 Week13.81%
2 Weeks-5.3%
1 Month-12.75%
3 Month-10.36%
6 Month-15.61%
12 Month-5.24%
2 Year-8.85%
3 Year-18.1%
5 Year37.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.39
ATR(20)%3.91%
ATR Inc-23.91%
Range Today0
ADR(20)1.87
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.8
Mansfield-2.15
10 Day High81.7
10 Day Low67.35
20 Day High91.09
20 Day Low67.35
52 Week High101.72
52 Week Low67.35
CS1 End71.54
CR1 Start77.66
Volume & EV
DER(3)0%
DER(5)0%
Volume160
Volume Incr-92.78%
Vol(5)1.85K
Vol(50)11.51K