CAIRO COMMUNICATIONS SPA (CAI.MI) Stock Technical Analysis
BIT:CAI - Euronext Milan - IT0004329733 - Common Stock - Currency: EUR
Overall CAI gets a technical rating of 7 out of 10. In the last year, CAI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CAI has a been trading in the 2.93 - 3.40 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CAI did better than 82% of all other stocks. On top of that, CAI also shows a nice and consistent pattern of rising prices.
CAI is part of the Media industry. There are 63 other stocks in this industry. CAI outperforms 75% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CAI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CAI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although CAI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.30
3.13
When analyzing the support we can see 3 important areas.
- Support @2.68 from a horizontal line in the daily time frame.
- Support @2.44 from a trend line in the weekly time frame.
- Support @2.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.93 to 3.10. 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 CAI.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAI.MI is down. |
| ChartMill Relative Strength | 82.74 | POSITIVE | CAI.MI has a high relative strength, it outperformed 82.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAI.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CAI.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAI.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.05 | NEUTRAL | The RSI value for CAI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CAI.MI has a negative trend. |
| Stochastics (14,3) | 25.69 | NEUTRAL | The Stochastics value for CAI.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CAI.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for CAI.MI suggests a strong trend. |
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)
BIT:CAI (6/19/2025, 7:00:00 PM)
2.925
-0.12 (-3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.94%
1 Week-3.29%
2 Weeks-4.39%
1 Month-12.11%
3 Month0.86%
6 Month18.07%
12 Month35.48%
2 Year77.54%
3 Year70.53%
5 Year98.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%2.26%
ATR Inc31.3%
Range Today0.11
ADR(20)0.06
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.74
Mansfield1.21
10 Day High3.1
10 Day Low2.93
20 Day High3.4
20 Day Low2.93
52 Week High3.48
52 Week Low1.97
CS1 End2.68
CR1 Start2.97
Volume & EV
DER(3)1.51%
DER(5)1.93%
Volume146.24K
Volume Incr-18.39%
Vol(5)152.78K
Vol(50)289.54K