BIT:C3M - Euronext Milan - FR0010754200 - ETF - Currency: EUR
Overall C3M gets a technical rating of 7 out of 10. Although C3M is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
C3M has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 124.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
113.99
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 | 50.94 | 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) | 67.64 | NEUTRAL | The RSI value for C3M.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests C3M.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 45 | NEUTRAL | The Stochastics value for C3M.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.1 | LOW VOLATILITY | The low ATR as a percentage value for C3M.MI suggests low volalility. |
Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for C3M.MI suggests a weak or negative 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 |
---|---|---|---|
124.19 | 123.95 | 0.24 (0.19%) | 25.00% |
An entry @124.19. This is a Buy Stop order right above the resistance zone. | An exit @123.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.24 points, which is 0.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.05%. |
BIT:C3M (5/30/2025, 7:00:00 PM)
124.17
+0.02 (+0.02%)