BASICNET SPA (BAN.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BAN - IT0001033700 - Common Stock
Overall BAN gets a technical rating of 4 out of 10. In the past year, BAN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BAN has an average technical rating and also the quality of the setup is only medium 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
6.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.96 to 7.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.49 from a horizontal line in the daily time frame.
- A support zone ranging from 6.37 to 6.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.38 to 7.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.80 from a horizontal line in the daily time frame.
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 BAN.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAN.MI is up. |
| ChartMill Relative Strength | 27.05 | NEGATIVE | BAN.MI has a low relative strength, it was outperformed by 72.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BAN.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAN.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.97 | NEUTRAL | The RSI value for BAN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BAN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.49 | NEUTRAL | The Stochastics value for BAN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for BAN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.28 | NEGATIVE | The low ADX value for BAN.MI suggests a weak or negative trend. |
BIT:BAN (12/12/2025, 7:00:00 PM)
7.33
-0.02 (-0.27%)
BASICNET SPA / BAN.MI FAQ
What is the technical rating for BAN stock?
ChartMill assigns a technical rating of 4 / 10 to BAN.MI.
What is the current trend direction of BASICNET SPA (BAN.MI) stock?
The current trend direction for BASICNET SPA (BAN.MI) is Bearish.
What is the RSI signal for BASICNET SPA (BAN.MI) stock?
BASICNET SPA (BAN.MI) has an RSI value of 57.9717. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BASICNET SPA?
BASICNET SPA (BAN.MI) has a support level at 7.16 and a resistance level at 7.38. Check the full technical report for our detailed analysis of BAN.MI support and resistance levels.