ISHARES BIC 50 (BR50.MI) Stock Technical Analysis
BIT:BR50 - Euronext Milan - IE00B1W57M07 - ETF - Currency: EUR
Overall BR50 gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BR50 has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BR50 has an average volume of 6028 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 positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BR50 is one of the better performing stocks in the market, outperforming 81% of all stocks.
BR50 is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
BR50 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, BR50 also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.84. Right above this resistance zone may be a good entry point.
More info and screens
15.99
24.08
We found 5 important support areas.
- A support zone ranging from 22.73 to 22.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.88 from a trend line in the daily time frame.
- Support @19.47 from a trend line in the weekly time frame.
- A support zone ranging from 17.59 to 17.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.84 to 23.84. 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
CRS81.83
Mansfield1.65
10 Day High23.84
10 Day Low22.33
20 Day High23.84
20 Day Low18.78
52 Week High23.84
52 Week Low15.1
Performance
1 Week-3.59%
2 Weeks4.5%
1 Month23.43%
3 Month14.94%
6 Month27.41%
12 Month28.55%
2 Year18.7%
3 Year7.83%
5 Year-8.54%
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)0.07
RSI(14)62.66
LBB21.07
UBB24.13
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 |
|---|---|---|---|
| 23.02 | 22.72 | 0.30 (1.32%) | 25.00% |
| An entry @23.02. This is a Buy Stop order right above the 10 day moving average. | An exit @22.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 1.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.33%. |
- The distance between exit and entry is rather small compared to the average daily movement of BR50. 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:BR50 (3/7/2025, 7:00:00 PM)
22.985
-0.2 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.86%
1 Week-3.59%
2 Weeks4.5%
1 Month23.43%
3 Month14.94%
6 Month27.41%
12 Month28.55%
2 Year18.7%
3 Year7.83%
5 Year-8.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%2.23%
ATR Inc-27.35%
Range Today0.29
ADR(20)0.31
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.83
Mansfield1.65
10 Day High23.84
10 Day Low22.33
20 Day High23.84
20 Day Low18.78
52 Week High23.84
52 Week Low15.1
CS1 End22.98
CR1 Start23.84
Volume & EV
DER(3)0%
DER(5)0%
Volume4.38K
Volume Incr-33.93%
Vol(5)5.06K
Vol(50)6.03K