RECORDATI INDUSTRIA CHIMICA (REC.MI) Stock Technical Analysis
BIT:REC - Euronext Milan - IT0003828271 - Common Stock - Currency: EUR
Taking everything into account, REC scores 7 out of 10 in our technical rating. In the last year, REC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
REC is part of the Pharmaceuticals industry. There are 51 other stocks in this industry. REC outperforms 74% of them.
When comparing the performance of all stocks over the past year, REC turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
REC 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 REC is lagging the market slightly.
In the last month REC has a been trading in the 50.50 - 55.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
REC 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
46.16
61.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 52.35 to 53.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.34 from a horizontal line in the daily time frame.
- A support zone ranging from 46.63 to 47.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 54.39 to 55.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @60.96 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 | UP | POSITIVE | The long term trend for REC.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REC.MI is up. |
| ChartMill Relative Strength | 61.75 | NEUTRAL | REC.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REC.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REC.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REC.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.06 | NEUTRAL | The RSI value for REC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests REC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.19 | NEUTRAL | The Stochastics value for REC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for REC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for REC.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:REC (6/18/2025, 5:36:15 PM)
53.5
-0.75 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.38%
1 Week-1.54%
2 Weeks2.07%
1 Month5.34%
3 Month1.5%
6 Month7.64%
12 Month10.26%
2 Year24%
3 Year30.69%
5 Year22.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%1.78%
ATR Inc-1.56%
Range Today1.1
ADR(20)0.91
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.75
Mansfield-0.03
10 Day High55.35
10 Day Low51.95
20 Day High55.35
20 Day Low50.5
52 Week High60.95
52 Week Low43.98
CS1 End53.25
CR1 Start54.39
Volume & EV
DER(3)0.16%
DER(5)2.19%
Volume169.84K
Volume Incr-31.52%
Vol(5)231.21K
Vol(50)375.45K