OSSIAM SHLR BCLY CAPE ERP SV (CAPE.MI) Stock Technical Analysis
BIT:CAPE - Euronext Milan - LU1079842321 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to CAPE. CAPE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
CAPE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 527.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 513.93, a Stop Loss order could be placed below this zone.
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458.95
2 important support areas can be observed.
- A support zone ranging from 506.04 to 513.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 463.59 to 469.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @527.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 541.10 to 541.11. This zone is formed by a combination of multiple trend lines 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 CAPE.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAPE.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CAPE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CAPE.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CAPE.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.3 | NEUTRAL | The RSI value for CAPE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests CAPE.MI has a positive trend. |
| Stochastics (14,3) | 65.82 | NEUTRAL | The Stochastics value for CAPE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CAPE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.32 | NEGATIVE | The low ADX value for CAPE.MI suggests a weak or negative trend. |
BIT:CAPE (7/11/2025, 7:00:00 PM)
514.5
+8.2 (+1.62%)