RECORDATI INDUSTRIA CHIMICA (REC.MI) Stock Technical Analysis
BIT:REC - Euronext Milan - IT0003828271 - Common Stock - Currency: EUR
Overall REC gets a technical rating of 2 out of 10. REC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, REC outperforms 44% of them, which is more or less in line with the market.
REC is part of the Pharmaceuticals industry. There are 50 other stocks in this industry, REC did better than 65% of them.
REC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so REC is lagging the market.
In the last month REC has a been trading in a tight range between 51.95 and 54.80.
REC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 52.25, a Stop Loss order could be placed below this zone.
More info and screens
46.16
55.86
2 important support areas can be observed.
- Support @52.25 from a horizontal line in the daily time frame.
- A support zone ranging from 46.63 to 47.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.11 to 55.31. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for REC.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REC.MI is down. |
| ChartMill Relative Strength | 44.95 | NEUTRAL | REC.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REC.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of REC.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of REC.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.39 | NEUTRAL | The RSI value for REC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests REC.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.9 | OVERSOLD | The low Stochastics value suggests REC.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for REC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.79 | 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 (7/18/2025, 7:00:00 PM)
52.4
-0.05 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.1%
1 Week-3.76%
2 Weeks-3.05%
1 Month-2.87%
3 Month8.35%
6 Month-4.55%
12 Month2.85%
2 Year11.61%
3 Year21.21%
5 Year15.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%1.59%
ATR Inc-22.88%
Range Today0.5
ADR(20)0.82
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.95
Mansfield-0.8
10 Day High54.75
10 Day Low51.95
20 Day High54.8
20 Day Low51.95
52 Week High60.95
52 Week Low43.98
CS1 End52.25
CR1 Start53.11
Volume & EV
DER(3)-1.48%
DER(5)-0.73%
Volume164.22K
Volume Incr2.73%
Vol(5)221.69K
Vol(50)276.79K