Europe - Euronext Milan - BIT:REC - IT0003828271 - Common Stock
Overall REC gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, REC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 47.54, a Stop Loss order could be placed below this zone.
46.16
We found 1 important support area.
2 important resistance areas can be observed.
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 | 14.05 | NEGATIVE | REC.MI has a low relative strength, it was outperformed by 85.95% off all stocks 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) | 43.51 | NEUTRAL | The RSI value for REC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests REC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.25 | NEUTRAL | The Stochastics value for REC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for REC.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.91 | NEGATIVE | The low ADX value for REC.MI suggests a weak or negative trend. |
BIT:REC (1/14/2026, 11:13:44 AM)
48.8
+0.78 (+1.62%)
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 43.5125. This indicates that the stock is currently neutral.
The short term momentum for RECORDATI INDUSTRIA CHIMICA (REC.MI) is neutral.
RECORDATI INDUSTRIA CHIMICA (REC.MI) has a support level at 47.54 and a resistance level at 50.6. Check the full technical report for our detailed analysis of REC.MI support and resistance levels.