MEDIOBANCA SPA (MB.MI) Stock Technical Analysis
BIT:MB - Euronext Milan - IT0000062957 - Common Stock - Currency: EUR
Overall MB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MB has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 MB is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, MB also shows a nice and consistent pattern of rising prices.
MB 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.
In the last month MB has a been trading in the 16.23 - 17.70 range, which is quite wide. It is currently trading near the high of this range.
MB has an average volume of 3276050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MB is an average performer in the Banks industry, it outperforms 42% of 99 stocks in the same industry.
MB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.18, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
13.39
17.60
5 important support areas can be observed.
- A support zone ranging from 16.90 to 17.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.50 to 16.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.32 from a trend line in the weekly time frame.
- Support @13.90 from a horizontal line in the weekly time frame.
- A support zone ranging from 13.53 to 13.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.39 to 17.43. 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
CRS87.69
Mansfield1.51
10 Day High17.7
10 Day Low16.35
20 Day High17.7
20 Day Low16.23
52 Week High17.7
52 Week Low12.68
Performance
1 Week1.37%
2 Weeks5.4%
1 Month5.72%
3 Month22.82%
6 Month16.4%
12 Month35.87%
2 Year87.58%
3 Year88.56%
5 Year245.76%
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
RSI(14)65.79
LBB16.32
UBB17.59
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 |
|---|---|---|---|
| 17.44 | 16.89 | 0.55 (3.15%) | 25.00% |
| An entry @17.44. This is a Buy Stop order right above the resistance zone. | An exit @16.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 3.15%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- The distance between exit and entry is rather small compared to the average daily movement of MB. 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:MB (3/7/2025, 7:00:00 PM)
17.385
-0.04 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.26%
1 Week1.37%
2 Weeks5.4%
1 Month5.72%
3 Month22.82%
6 Month16.4%
12 Month35.87%
2 Year87.58%
3 Year88.56%
5 Year245.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%2.09%
ATR Inc-6.05%
Range Today0.26
ADR(20)0.34
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.69
Mansfield1.51
10 Day High17.7
10 Day Low16.35
20 Day High17.7
20 Day Low16.23
52 Week High17.7
52 Week Low12.68
CS1 End17.18
CR1 Start17.39
Volume & EV
DER(3)0.04%
DER(5)0.53%
Volume1.36M
Volume Incr-22.33%
Vol(5)2.41M
Vol(50)3.28M