BIT:BSX - Euronext Milan - FR0010424135 - ETF - Currency: EUR
Overall BSX gets a technical rating of 0 out of 10. BSX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
BSX 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. There is very little resistance above the current price. There is a support zone below the current price at 7.81, a Stop Loss order could be placed below this zone.
7.71
We found 1 important support area.
6 important resistance areas can be observed.
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 BSX.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BSX.MI is down. |
ChartMill Relative Strength | 12.41 | NEGATIVE | BSX.MI has a low relative strength, it was outperformed by 87.59% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BSX.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BSX.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BSX.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.7 | NEUTRAL | The RSI value for BSX.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BSX.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 3.64 | OVERSOLD | The low Stochastics value suggests BSX.MI may be oversold. |
Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for BSX.MI suggests some volalility. |
Average Directional Index/ADX (14) | 17.12 | NEGATIVE | The low ADX value for BSX.MI suggests a weak or negative trend. |
BIT:BSX (5/23/2025, 7:00:00 PM)
7.939
+0.15 (+1.86%)