BIESSE SPA (BSS.MI) Stock Technical Analysis
BIT:BSS - Euronext Milan - IT0003097257 - Common Stock - Currency: EUR
Overall BSS gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. BSS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, BSS is a bad performer in the overall market: 76% of all stocks are doing better.
BSS is one of the lesser performing stocks in the Machinery industry. 60% of 107 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BSS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
BSS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BSS is lagging the market.
Although the technical rating is only medium, BSS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
6.69
12.01
We found 3 important support areas.
- A support zone ranging from 7.28 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.14 from a trend line in the weekly time frame.
- A support zone ranging from 6.76 to 6.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.67 to 7.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.41 to 8.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.89 from a trend line in the weekly time frame.
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 BSS.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BSS.MI is up. |
| ChartMill Relative Strength | 24.71 | NEGATIVE | BSS.MI has a low relative strength, it was outperformed by 75.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BSS.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BSS.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BSS.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.31 | NEUTRAL | The RSI value for BSS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BSS.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.79 | NEUTRAL | The Stochastics value for BSS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for BSS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.01 | NEUTRAL | The ADX value for BSS.MI suggests a possible start of a new 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:BSS (7/15/2025, 7:00:00 PM)
7.67
+0.02 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.26%
1 Week-0.9%
2 Weeks2.13%
1 Month10.36%
3 Month17.82%
6 Month7.12%
12 Month-26.04%
2 Year-37.39%
3 Year-44.7%
5 Year-36.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%2.63%
ATR Inc-3.92%
Range Today0.18
ADR(20)0.19
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.71
Mansfield-0.8
10 Day High8.1
10 Day Low7.41
20 Day High8.1
20 Day Low6.68
52 Week High10.55
52 Week Low5.53
CS1 End7.39
CR1 Start7.67
Volume & EV
DER(3)-3.46%
DER(5)-3.31%
Volume29.45K
Volume Incr-51.58%
Vol(5)24.20K
Vol(50)56.22K