BASICNET SPA (BAN.MI) Stock Technical Analysis
BIT:BAN - Euronext Milan - IT0001033700 - Common Stock - Currency: EUR
Overall BAN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BAN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BAN did better than 96% of all other stocks. We also observe that the gains produced by BAN over the past year are nicely spread over this period.
BAN is one of the better performing stocks in the Specialty Retail industry, it outperforms 83% of 50 stocks in the same industry.
BAN is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BAN slightly outperforms the market at the moment.
In the last month BAN has a been trading in the 6.70 - 8.31 range, which is quite wide. It is currently trading near the high of this range.
BAN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 7.96, a Stop Loss order could be placed below this zone.
More info and screens
7.25
7.97
2 important support areas can be observed.
- A support zone ranging from 7.75 to 7.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.32 to 7.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.31
Mansfield4.81
10 Day High8.31
10 Day Low7.5
20 Day High8.31
20 Day Low6.7
52 Week High8.94
52 Week Low2.84
Performance
1 Week3.01%
2 Weeks3.4%
1 Month4.07%
3 Month4.07%
6 Month53.14%
12 Month95.99%
2 Year47.8%
3 Year34.25%
5 Year131.8%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)55.66
LBB7.36
UBB8.33
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 |
|---|---|---|---|
| 8.32 | 7.74 | 0.58 (6.97%) | 14.34% |
| An entry @8.32. This is a Buy Stop order right above the 10 day high. | An exit @7.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.58 points, which is 6.97%. | When investing 14.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of BAN. Please evaluate whether better entry and exit points can be found.
- 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:BAN (4/29/2025, 5:29:07 PM)
7.89
-0.17 (-2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.05%
1 Week3.01%
2 Weeks3.4%
1 Month4.07%
3 Month4.07%
6 Month53.14%
12 Month95.99%
2 Year47.8%
3 Year34.25%
5 Year131.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%4.79%
ATR Inc-66.94%
Range Today0.38
ADR(20)0.35
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.31
Mansfield4.81
10 Day High8.31
10 Day Low7.5
20 Day High8.31
20 Day Low6.7
52 Week High8.94
52 Week Low2.84
CS1 End7.96
CR1 StartN/A
Volume & EV
DER(3)2.06%
DER(5)1.42%
Volume3.98K
Volume Incr-40%
Vol(5)21.01K
Vol(50)31.99K