BIT:BGN - Euronext Milan - IT0001031084 - Common Stock - Currency: EUR
Overall BGN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BGN has proven to be a steady performer, scoring decent points in every aspect analyzed.
BGN has an excellent technical rating, but 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.
39.28
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 |
---|---|---|---|
50.96 | 50.03 | 0.92 (1.82%) | 25.00% |
An entry @50.95. This is a Buy Stop order right above the 10 day moving average. | An exit @50.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.92 points, which is 1.82%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:BGN (3/4/2025, 9:52:01 AM)
49.94
-0.61 (-1.21%)