BIT:C50 - LU1681047236 - ETF
We assign a technical rating of 6 out of 10 to C50. In the last year, C50 was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
C50 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 138.72, a Stop Loss order could be placed below this zone.
119.77
We found 3 important support areas.
When analyzing the resistance we notice one important 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 C50.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for C50.MI is neutral. |
ChartMill Relative Strength | 47.45 | NEUTRAL | C50.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of C50.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of C50.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of C50.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.88 | NEUTRAL | The RSI value for C50.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests C50.MI has a negative trend. |
Stochastics (14,3) | 58.16 | NEUTRAL | The Stochastics value for C50.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for C50.MI suggests low volalility. |
Average Directional Index/ADX (14) | 7.9 | NEGATIVE | The low ADX value for C50.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 |
---|---|---|---|
141.18 | 138.65 | 2.53 (1.79%) | 25.00% |
An entry @141.18. This is a Buy Stop order right above the 10 day moving average. | An exit @138.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.53 points, which is 1.79%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:C50 (9/5/2025, 7:00:00 PM)
139
-0.18 (-0.13%)