AMUND EURSTX 50 D -2X INVERS (BXX.MI) Stock Technical Analysis
BIT:BXX - Euronext Milan - FR0010424143 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to BXX. BXX'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.
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, BXX is a bad performer in the overall market: 94% of all stocks are doing better.
BXX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BXX is lagging the market.
BXX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The technical rating of BXX 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
0.58
0.84
When analyzing the support we notice one important area.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.64 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.78 from a trend line in the daily time frame.
- Resistance @0.81 from a trend line in the daily time frame.
- Resistance @0.83 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 BXX.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BXX.MI is down. |
| ChartMill Relative Strength | 6.88 | NEGATIVE | BXX.MI has a low relative strength, it was outperformed by 93.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BXX.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BXX.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BXX.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.08 | NEUTRAL | The RSI value for BXX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BXX.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.91 | OVERSOLD | The low Stochastics value suggests BXX.MI may be oversold. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for BXX.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.54 | NEUTRAL | The ADX value for BXX.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:BXX (5/29/2025, 7:00:00 PM)
0.6028
+0 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week0.58%
2 Weeks-20.68%
1 Month-4.56%
3 Month-21.99%
6 Month-24.39%
12 Month-39.29%
2 Year-41.69%
3 Year-57.46%
5 Year-82.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.98%
ATR Inc-76.41%
Range Today0.01
ADR(20)0.02
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.88
Mansfield-3.72
10 Day High0.73
10 Day Low0.59
20 Day High0.88
20 Day Low0.59
52 Week High1.15
52 Week Low0.59
CS1 End0.59
CR1 Start0.61
Volume & EV
DER(3)0%
DER(5)0%
Volume598.97K
Volume Incr-49.87%
Vol(5)529.25K
Vol(50)645.85K