RECORDATI INDUSTRIA CHIMICA (REC.MI) Stock Technical Analysis
BIT:REC - Euronext Milan - IT0003828271 - Common Stock - Currency: EUR
Taking everything into account, REC scores 2 out of 10 in our technical rating. 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.
64% of all other stocks performed better in the past year than REC.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
REC is part of the Pharmaceuticals industry. There are 52 other stocks in this industry, REC did better than 60% 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 the 49.56 - 54.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
REC 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.
More info and screens
46.16
55.86
3 important support areas can be observed.
- A support zone ranging from 50.19 to 51.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @47.45 from a trend line in the weekly time frame.
- Support @46.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 52.23 to 53.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.95 to 55.31. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for REC.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REC.MI is up. |
| ChartMill Relative Strength | 36.86 | NEUTRAL | REC.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of REC.MI is above a declining 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) | 52.12 | NEUTRAL | The RSI value for REC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests REC.MI has a positive trend. |
| Stochastics (14,3) | 77.76 | NEUTRAL | The Stochastics value for REC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for REC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.25 | 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 (8/21/2025, 7:00:00 PM)
52.1
-0.35 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.67%
1 Week2.56%
2 Weeks3.68%
1 Month-1.98%
3 Month1.46%
6 Month-3.7%
12 Month0.97%
2 Year12.33%
3 Year27.88%
5 Year14.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%1.9%
ATR Inc-50.77%
Range Today0.4
ADR(20)0.88
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
CRS36.86
Mansfield-0.87
10 Day High52.7
10 Day Low49.72
20 Day High54.5
20 Day Low49.56
52 Week High60.95
52 Week Low43.98
CS1 End51.57
CR1 Start52.23
Volume & EV
DER(3)-0.64%
DER(5)-1.61%
Volume161.75K
Volume Incr-14.28%
Vol(5)209.17K
Vol(50)228.80K