Europe - Euronext Milan - BIT:REC - IT0003828271 - Common Stock
We assign a technical rating of 0 out of 10 to REC. REC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 50.35, a Stop Loss order could be placed below this zone.
49.22
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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 | 26.13 | NEGATIVE | REC.MI has a low relative strength, it was outperformed by 73.87% off all stocks 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) | 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) | 45.41 | NEUTRAL | The RSI value for REC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests REC.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.28 | OVERSOLD | The low Stochastics value suggests REC.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for REC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.98 | NEGATIVE | The low ADX value for REC.MI suggests a weak or negative trend. |
BIT:REC (11/26/2025, 7:00:00 PM)
50.55
-0.15 (-0.3%)
ChartMill assigns a technical rating of 0 / 10 to REC.MI.
The current trend direction for RECORDATI INDUSTRIA CHIMICA (REC.MI) is Bearish.
RECORDATI INDUSTRIA CHIMICA (REC.MI) has an RSI value of 45.412. This indicates that the stock is currently neutral.
The MACD indicator for RECORDATI INDUSTRIA CHIMICA (REC.MI) has a value of -0.0888439, indicating a bearish trend.
RECORDATI INDUSTRIA CHIMICA (REC.MI) has a support level at 50.35 and a resistance level at 51.17. Check the full technical report for our detailed analysis of REC.MI support and resistance levels.