BIT:BZU - Euronext Milan - IT0001347308 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to BZU. BZU was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BZU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 46.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.85, a Stop Loss order could be placed below this zone.
38.61
We found 6 important support areas.
We can see 3 important resistance areas.
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 | UP | POSITIVE | The long term trend for BZU.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BZU.MI is neutral. |
ChartMill Relative Strength | 76.32 | POSITIVE | BZU.MI has a high relative strength, it outperformed 76.32% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BZU.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of BZU.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BZU.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.37 | NEUTRAL | The RSI value for BZU.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BZU.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 66.18 | NEUTRAL | The Stochastics value for BZU.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for BZU.MI suggests some volalility. |
Average Directional Index/ADX (14) | 12.08 | NEGATIVE | The low ADX value for BZU.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
47.08 | 45.15 | 1.93 (4.10%) | 24.39% |
An entry @47.08. This is a Buy Stop order right above the resistance zone. | An exit @45.15. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.93 points, which is 4.10%. | When investing 24.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:BZU (7/4/2025, 7:00:00 PM)
46.08
-0.24 (-0.52%)