Logo image of BIOT.MI

L&G PHARMA BREAKTHROUGH (BIOT.MI) Stock Technical Analysis

BIT:BIOT - Euronext Milan - IE00BF0H7608 - ETF - Currency: EUR

8.655  -1.51 (-14.83%)

Technical Rating and Analysis

2

Overall BIOT gets a technical rating of 2 out of 10. BIOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, BIOT is a bad performer in the overall market: 64% of all stocks are doing better.
BIOT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month BIOT has a been trading in the 8.63 - 10.63 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: BIOT has an average volume of 1833 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
L&G PHARMA BREAKTHROUGH / BIOT Weekly stock chart
L&G PHARMA BREAKTHROUGH / BIOT Daily stock chart
Setup Rating and Analysis

1

The technical rating of BIOT is bad and it also does not present a 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.

Support and Resistance Analysis

8.37

10.39

When analyzing the support we notice one important area.

  • A support zone ranging from 8.45 to 8.51. 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 8.66 to 8.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.29 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.63
Mansfield-2.47
10 Day High10.63
10 Day Low8.63
20 Day High10.63
20 Day Low8.63
52 Week High11.73
52 Week Low7.51
Performance
1 Week-15.61%
2 Weeks-11.19%
1 Month-13.24%
3 Month2.37%
6 Month-16.95%
12 Month-15.4%
2 Year-18.12%
3 Year-21.73%
5 YearN/A
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)-0.08
RSI(14)32.12
LBB9.09
UBB10.79
L&G PHARMA BREAKTHROUGH / BIOT Daily stock chart

L&G PHARMA BREAKTHROUGH

BIT:BIOT (4/17/2025, 7:00:00 PM)

8.655

-1.51 (-14.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-14.83%
1 Week-15.61%
2 Weeks-11.19%
1 Month-13.24%
3 Month2.37%
6 Month-16.95%
12 Month-15.4%
2 Year-18.12%
3 Year-21.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.1%
ATR Inc324.02%
Range Today0.01
ADR(20)0.08
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.63
Mansfield-2.47
10 Day High10.63
10 Day Low8.63
20 Day High10.63
20 Day Low8.63
52 Week High11.73
52 Week Low7.51
CS1 End8.51
CR1 Start8.66
Volume & EV
DER(3)0%
DER(5)0%
Volume26.21K
Volume Incr468.01%
Vol(5)6.71K
Vol(50)1.83K