BASICNET SPA (BAN.MI) Stock Technical Analysis
BIT:BAN - Euronext Milan - IT0001033700 - Common Stock - Currency: EUR
We assign a technical rating of 4 out of 10 to BAN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BAN has a been trading in the 7.30 - 8.94 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.
BAN is part of the Specialty Retail industry. There are 54 other stocks in this industry. BAN outperforms 75% of them.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, BAN did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
BAN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.14
7.45
We found 1 important support area.
- A support zone ranging from 7.21 to 7.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 7.33 to 7.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield4.06
10 Day High8.54
10 Day Low7.3
20 Day High8.94
20 Day Low7.3
52 Week High8.94
52 Week Low2.84
Performance
1 Week-7.81%
2 Weeks-13.48%
1 Month-4.94%
3 Month-1.35%
6 Month139.22%
12 Month57.25%
2 Year27.97%
3 Year25.56%
5 Year121.15%
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)-0.14
RSI(14)37.07
LBB7.19
UBB8.94
BIT:BAN (3/7/2025, 7:00:00 PM)
7.32
-0.16 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.14%
1 Week-7.81%
2 Weeks-13.48%
1 Month-4.94%
3 Month-1.35%
6 Month139.22%
12 Month57.25%
2 Year27.97%
3 Year25.56%
5 Year121.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%4.69%
ATR Inc-37.41%
Range Today0.18
ADR(20)0.31
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield4.06
10 Day High8.54
10 Day Low7.3
20 Day High8.94
20 Day Low7.3
52 Week High8.94
52 Week Low2.84
CS1 End7.31
CR1 Start7.33
Volume & EV
DER(3)-4.77%
DER(5)-2.73%
Volume31.58K
Volume Incr-69.05%
Vol(5)14.67K
Vol(50)46.59K