RECORDATI INDUSTRIA CHIMICA (REC.MI) Stock Technical Analysis
BIT:REC - Euronext Milan - IT0003828271 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to REC. REC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month REC has a been trading in the 52.60 - 60.95 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, REC outperforms 44% of them, which is more or less in line with the market.
REC is part of the Pharmaceuticals industry. There are 52 other stocks in this industry, REC did better than 60% of them.
REC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, REC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.77, a Stop Loss order could be placed below this zone.
More info and screens
46.94
61.57
3 important support areas can be observed.
- A support zone ranging from 51.62 to 51.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 49.70 to 49.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 47.41 to 48.70. 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 54.10 to 56.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.96 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.22
Mansfield0.08
10 Day High55.05
10 Day Low52.6
20 Day High60.95
20 Day Low52.6
52 Week High60.95
52 Week Low47.28
Performance
1 Week-1.38%
2 Weeks-1.02%
1 Month-8.62%
3 Month3.08%
6 Month4.18%
12 Month1.31%
2 Year37.45%
3 Year17.33%
5 Year38.95%
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)-0.37
RSI(14)37.06
LBB51.57
UBB57.82
BIT:REC (3/7/2025, 7:00:00 PM)
53.55
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week-1.38%
2 Weeks-1.02%
1 Month-8.62%
3 Month3.08%
6 Month4.18%
12 Month1.31%
2 Year37.45%
3 Year17.33%
5 Year38.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%2.14%
ATR Inc-4.83%
Range Today0.95
ADR(20)0.97
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.22
Mansfield0.08
10 Day High55.05
10 Day Low52.6
20 Day High60.95
20 Day Low52.6
52 Week High60.95
52 Week Low47.28
CS1 End51.77
CR1 Start54.1
Volume & EV
DER(3)2.15%
DER(5)1.79%
Volume405.47K
Volume Incr-5.4%
Vol(5)484.49K
Vol(50)381.72K