BIT:BGN - Euronext Milan - IT0001031084 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to BGN. BGN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
BGN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.73, a Stop Loss order could be placed below this zone.
43.45
2 important support areas can be observed.
We found 1 important resistance area.
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 |
---|---|---|---|
49.85 | 45.36 | 4.49 (9.01%) | 11.10% |
An entry @49.85. This is a Buy Stop order right above the 10 day high. | An exit @45.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.49 points, which is 9.01%. | When investing 11.10% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:BGN (4/25/2025, 7:00:00 PM)
48.78
+1.02 (+2.14%)