AMUNDI ETF GOVIES 0-6 MONTHS (C3M.MI) Stock Technical Analysis
BIT:C3M - FR0010754200 - ETF
Taking everything into account, C3M scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, C3M is a bad performer.
Although the technical rating is only medium, C3M does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 124.69, a Stop Loss order could be placed below this zone.
More info and screens
121.67
We found 1 important support area.
- A support zone ranging from 122.90 to 124.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 C3M.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for C3M.MI is up. |
| ChartMill Relative Strength | 38.3 | NEUTRAL | C3M.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of C3M.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of C3M.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of C3M.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.71 | OVERBOUGHT | The high RSI value suggests C3M.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests C3M.MI has a positive trend. |
| Stochastics (14,3) | 87.43 | OVERBOUGHT | The high Stochastics value suggests C3M.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.08 | LOW VOLATILITY | The low ATR as a percentage value for C3M.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 44.53 | POSITIVE | The high ADX value value for C3M.MI suggests a strong trend. |
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 |
|---|---|---|---|
| 124.81 | 124.18 | 0.63 (0.50%) | 25.00% |
| An entry @124.81. This is a Buy Stop order right above the 10 day high. | An exit @124.18. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.63 points, which is 0.50%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:C3M (9/5/2025, 7:00:00 PM)
124.73
+0.01 (+0.01%)