AMUNDI STX600 BASIC RSRCES (BRES.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:BRES - LU1834983550 - ETF
Overall BRES gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRES is only an average performer.
Although BRES has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
78.28
We found 3 important support areas.
- A support zone ranging from 95.45 to 98.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.90 from a horizontal line in the daily time frame.
- Support @79.07 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BRES.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRES.MI is up. |
| ChartMill Relative Strength | 79.87 | POSITIVE | BRES.MI has a high relative strength, it outperformed 79.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRES.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRES.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRES.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.54 | NEUTRAL | The RSI value for BRES.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BRES.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.34 | NEUTRAL | The Stochastics value for BRES.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for BRES.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for BRES.MI suggests a possible start of a new trend. |
BIT:BRES (12/5/2025, 7:00:00 PM)
103.44
+4.03 (+4.05%)
AMUNDI STX600 BASIC RSRCES / BRES.MI FAQ
What is the technical rating for BRES stock?
ChartMill assigns a technical rating of 8 / 10 to BRES.MI.
What is the current trend direction of AMUNDI STX600 BASIC RSRCES (BRES.MI) stock?
The current trend direction for AMUNDI STX600 BASIC RSRCES (BRES.MI) is Bullish.
What is the RSI signal for AMUNDI STX600 BASIC RSRCES (BRES.MI) stock?
AMUNDI STX600 BASIC RSRCES (BRES.MI) has an RSI value of 68.5383. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMUNDI STX600 BASIC RSRCES?
The short term momentum for AMUNDI STX600 BASIC RSRCES (BRES.MI) is positive.
What is the support and resistance level for BRES stock?
AMUNDI STX600 BASIC RSRCES (BRES.MI) has a support level at 98.26. Check the full technical report for our detailed analysis of BRES.MI support and resistance levels.