BIT:BZU - Euronext Milan - IT0001347308 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to BZU. BZU has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BZU has a poor technical rating and the quality of the setup is also not perfect 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.
37.99
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The short term trend for BZU.MI is down. |
ChartMill Relative Strength | 66.58 | NEUTRAL | BZU.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BZU.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BZU.MI is below a declining 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) | 39.22 | NEUTRAL | The RSI value for BZU.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests BZU.MI has a negative trend. |
Stochastics (14,3) | 7.2 | OVERSOLD | The low Stochastics value suggests BZU.MI may be oversold. |
Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for BZU.MI suggests some volalility. |
Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for BZU.MI suggests a possible start of a new trend. |
BIT:BZU (7/29/2025, 5:35:30 PM)
45.42
+0.66 (+1.47%)