MEDIOBANCA SPA (MB.MI) Stock Technical Analysis
BIT:MB - Euronext Milan - IT0000062957 - Common Stock - Currency: EUR
Taking everything into account, MB scores 8 out of 10 in our technical rating. In the last year, MB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MB has a been trading in the 19.02 - 21.18 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that MB is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, MB also shows a nice and consistent pattern of rising prices.
MB has an average volume of 4936520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
MB is an average performer in the Banks industry, it outperforms 68% of 96 stocks in the same industry.
MB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MB is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
MB has an excellent technical rating, but the quality of the setup is only medium 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
13.39
21.48
3 important support areas can be observed.
- A support zone ranging from 19.18 to 19.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.04 from a trend line in the weekly time frame.
- A support zone ranging from 13.53 to 13.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.00 to 21.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MB.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MB.MI is down. |
| ChartMill Relative Strength | 88.27 | POSITIVE | MB.MI has a high relative strength, it outperformed 88.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MB.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MB.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MB.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.94 | NEUTRAL | The RSI value for MB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MB.MI has a negative trend. |
| Stochastics (14,3) | 10.97 | OVERSOLD | The low Stochastics value suggests MB.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for MB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.84 | POSITIVE | The high ADX value value for MB.MI suggests a strong 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)
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 |
|---|---|---|---|
| 19.83 | 19.17 | 0.66 (3.31%) | 25.00% |
| An entry @19.83. This is a Buy Stop order right above the 10 day moving average. | An exit @19.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.66 points, which is 3.31%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:MB (6/13/2025, 7:00:00 PM)
19.185
-0.33 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.67%
1 Week-3.95%
2 Weeks-8.29%
1 Month-8.64%
3 Month12.56%
6 Month33.74%
12 Month41.85%
2 Year75.05%
3 Year132.32%
5 Year200.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.4%
ATR Inc-6.02%
Range Today0.21
ADR(20)0.41
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.27
Mansfield1.59
10 Day High21.15
10 Day Low19.02
20 Day High21.18
20 Day Low19.02
52 Week High21.77
52 Week Low13.19
CS1 End19.18
CR1 Start21
Volume & EV
DER(3)2.82%
DER(5)4.62%
Volume3.47M
Volume Incr-51.05%
Vol(5)2.32M
Vol(50)4.94M