RECORDATI INDUSTRIA CHIMICA (REC.MI) Stock Technical Analysis
Europe - BIT:REC - IT0003828271 - Common Stock
53.9 EUR
-0.7 (-1.28%)
Overall REC gets a technical rating of 7 out of 10. Although REC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month REC has a been trading in the 50.90 - 55.15 range, which is quite wide. It is currently trading near the high of this range.
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 43% of all stocks.
REC is an average performer in the Pharmaceuticals industry, it outperforms 63% of 50 stocks in the same industry.
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.
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
55.50
4 important support areas can be observed.
- A support zone ranging from 51.95 to 53.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.71 to 51.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.57 from a trend line in the weekly time frame.
- Support @46.63 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.91 to 54.95. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 43.16 | 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) | 65.4 | NEUTRAL | The RSI value for REC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests REC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.87 | NEUTRAL | The Stochastics value for REC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for REC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.99 | POSITIVE | The high ADX value value for REC.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 |
|---|---|---|---|
| 54.96 | 52.74 | 2.22 (4.04%) | 24.76% |
| An entry @54.96. This is a Buy Stop order right above the resistance zone. | An exit @52.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.22 points, which is 4.04%. | When investing 24.76% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:REC (9/12/2025, 5:36:15 PM)
53.9
-0.7 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.28%
1 Week0.55%
2 Weeks2.73%
1 Month7.48%
3 Month0.46%
6 Month3.61%
12 Month7.37%
2 Year22.12%
3 Year44.87%
5 Year24.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%1.41%
ATR Inc-2.33%
Range Today1.25
ADR(20)0.73
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.16
Mansfield-0.69
10 Day High55.15
10 Day Low52.75
20 Day High55.15
20 Day Low50.9
52 Week High60.95
52 Week Low43.98
CS1 End54.17
CR1 Start54.95
Volume & EV
DER(3)-4.5%
DER(5)-2.12%
Volume93.54K
Volume Incr-27.66%
Vol(5)175.89K
Vol(50)231.36K