BANCA MEDIOLANUM SPA (BMED.MI) Stock Technical Analysis
BIT:BMED - Euronext Milan - IT0004776628 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to BMED. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BMED is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BMED is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, BMED also shows a nice and consistent pattern of rising prices.
BMED is one of the better performing stocks in the Financial Services industry, it outperforms 87% of 50 stocks in the same industry.
A new 52 week high is currently being made by BMED, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so BMED is leading the market.
In the last month BMED has a been trading in the 13.13 - 14.00 range, which is quite wide. It is currently trading near the high of this range.
BMED has an average volume of 1302920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
BMED has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.92. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.69
14.06
When analyzing the support we can see 4 important areas.
- Support @13.88 from a horizontal line in the daily time frame.
- A support zone ranging from 13.28 to 13.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.75 to 11.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.80 to 10.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.92 to 13.92. 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
CRS88.96
Mansfield2.08
10 Day High14
10 Day Low13.13
20 Day High14
20 Day Low13.13
52 Week High14
52 Week Low9.3
Performance
1 Week2.35%
2 Weeks2.73%
1 Month3.11%
3 Month21.91%
6 Month27.5%
12 Month40.85%
2 Year66.43%
3 Year79.35%
5 Year199.14%
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)-0.04
RSI(14)61.96
LBB13.31
UBB14
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 |
|---|---|---|---|
| 13.93 | 13.87 | 0.06 (0.43%) | 25.00% |
| An entry @13.93. This is a Buy Stop order right above the resistance zone. | An exit @13.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 0.43%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BMED. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:BMED (3/7/2025, 7:00:00 PM)
13.91
+0.11 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.8%
1 Week2.35%
2 Weeks2.73%
1 Month3.11%
3 Month21.91%
6 Month27.5%
12 Month40.85%
2 Year66.43%
3 Year79.35%
5 Year199.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.75%
ATR Inc41.21%
Range Today0.38
ADR(20)0.23
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.96
Mansfield2.08
10 Day High14
10 Day Low13.13
20 Day High14
20 Day Low13.13
52 Week High14
52 Week Low9.3
CS1 End13.88
CR1 Start13.92
Volume & EV
DER(3)1.4%
DER(5)0.64%
Volume2.39M
Volume Incr47.55%
Vol(5)2.06M
Vol(50)1.30M