AMUNDI EURSTX50 DAILY -1X (BSX.MI) Stock Technical Analysis
BIT:BSX - Euronext Milan - FR0010424135 - ETF - Currency: EUR
Taking everything into account, BSX scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BSX is a bad performer in the overall market: 93% of all stocks are doing better.
BSX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BSX has a been trading in the 7.76 - 9.44 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BSX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.77, a Stop Loss order could be placed below this zone.
More info and screens
7.69
9.39
We found 1 important support area.
- A support zone ranging from 7.77 to 7.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.90 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.11 to 8.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.43 to 8.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.30 from a horizontal line in the daily 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 | 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 | 7.8 | NEGATIVE | BSX.MI has a low relative strength, it was outperformed by 92.2% 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) | 39.86 | NEUTRAL | The RSI value for BSX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BSX.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.81 | OVERSOLD | The low Stochastics value suggests BSX.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BSX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for BSX.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:BSX (7/10/2025, 7:00:00 PM)
7.784
-0.15 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.89%
1 Week-0.35%
2 Weeks-10.38%
1 Month-0.63%
3 Month-10.35%
6 Month-24.47%
12 Month-31.05%
2 Year-17.95%
3 Year-33.99%
5 Year-47.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.06%
ATR Inc-69.63%
Range Today0
ADR(20)0.09
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.8
Mansfield-3.78
10 Day High8.46
10 Day Low7.76
20 Day High9.44
20 Day Low7.76
52 Week High13.19
52 Week Low7.76
CS1 End7.77
CR1 Start7.9
Volume & EV
DER(3)0%
DER(5)0%
Volume50
Volume Incr-53.2%
Vol(5)11.64K
Vol(50)33.81K