RECORDATI INDUSTRIA CHIMICA (REC.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:REC • IT0003828271
Overall REC gets a technical rating of 1 out of 10. REC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 84% of all other stocks performed better in the past year than REC.
- REC is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 55 stocks in the same industry do better.
- REC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month REC has a been trading in the 45.90 - 50.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of REC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
45.87
When analyzing the support we notice one important area.
- A support zone ranging from 46.33 to 46.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 47.97 to 48.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.72 to 50.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.52 from a trend line in the daily time frame.
- A resistance zone ranging from 54.61 to 55.30. 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 | DOWN | NEGATIVE | The long term trend for REC.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REC.MI is neutral. |
| ChartMill Relative Strength | 16.46 | NEGATIVE | REC.MI has a low relative strength, it was outperformed by 83.54% off all stocks 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) | DOWN | NEGATIVE | The current price of REC.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REC.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.03 | NEUTRAL | The RSI value for REC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests REC.MI has a positive trend. |
| Stochastics (14,3) | 38.08 | NEUTRAL | The Stochastics value for REC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for REC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for REC.MI suggests a weak or negative trend. |
BIT:REC (2/3/2026, 7:00:00 PM)
47.92
+1.14 (+2.44%)
RECORDATI INDUSTRIA CHIMICA / REC.MI FAQ
What is the ChartMill technical rating of RECORDATI INDUSTRIA CHIMICA (REC.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to REC.MI.
What is the current trend direction of RECORDATI INDUSTRIA CHIMICA (REC.MI) stock?
The current trend direction for RECORDATI INDUSTRIA CHIMICA (REC.MI) is Bearish.
What is the RSI signal for RECORDATI INDUSTRIA CHIMICA (REC.MI) stock?
RECORDATI INDUSTRIA CHIMICA (REC.MI) has an RSI value of 52.0332. This indicates that the stock is currently neutral.
What is the short term momentum for REC stock?
The short term momentum for RECORDATI INDUSTRIA CHIMICA (REC.MI) is neutral.
What is the support and resistance level for REC stock?
RECORDATI INDUSTRIA CHIMICA (REC.MI) has a support level at 46.75 and a resistance level at 47.97. Check the full technical report for our detailed analysis of REC.MI support and resistance levels.