RECUPERO ETICO SOSTENIBILE S (RES.MI) Stock Technical Analysis
BIT:RES - Euronext Milan - IT0005543613 - Common Stock - Currency: EUR
Taking everything into account, RES scores 1 out of 10 in our technical rating. RES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RES is a bad performer in the overall market: 100% of all stocks are doing better.
RES is part of the Commercial Services & Supplies industry. There are 40 other stocks in this industry, of which 97% are performing better than RES.
In the last month RES has a been trading in the 5.80 - 7.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: RES has an average volume of 5931 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of RES is bad and it also does not present a quality setup 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
5.81
7.06
2 important support areas can be observed.
- Support @5.99 from a horizontal line in the weekly time frame.
- Support @5.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.83 to 6.99. 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 | DOWN | NEGATIVE | The long term trend for RES.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RES.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RES.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RES.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RES.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 36.04 | NEUTRAL | The RSI value for RES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RES.MI has a positive trend. |
| Stochastics (14,3) | 20.34 | NEUTRAL | The Stochastics value for RES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for RES.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for RES.MI suggests a possible start of a new 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:RES (7/7/2025, 7:00:00 PM)
6.1
-0.04 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.65%
1 Week-6.73%
2 Weeks-6.15%
1 Month1.67%
3 Month-38.38%
6 Month0.83%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%5.19%
ATR Inc-8.08%
Range Today0.14
ADR(20)0.22
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.98
10 Day Low5.8
20 Day High7.5
20 Day Low5.8
52 Week HighN/A
52 Week LowN/A
CS1 End5.99
CR1 Start6.83
Volume & EV
DER(3)0%
DER(5)0%
Volume5.83K
Volume Incr-29.96%
Vol(5)6.01K
Vol(50)5.93K