AMUNDI EURO GOV TILT GRN BON (CB3.MI) Stock Technical Analysis
BIT:CB3 - Euronext Milan - LU1681046261 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to CB3. Although CB3 is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: CB3 has an average volume of 868 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, CB3 outperforms 45% of them, which is more or less in line with the market.
CB3 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 CB3 is lagging the market slightly.
In the last month CB3 has a been trading in a tight range between 217.65 and 221.61.
Considerably lower volume is observed in the last couple of days.
Although CB3 has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
209.30
226.38
When analyzing the support we notice one important area.
- A support zone ranging from 211.41 to 221.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 224.14 to 224.14. 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 CB3.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CB3.MI is up. |
| ChartMill Relative Strength | 45.1 | NEUTRAL | CB3.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CB3.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CB3.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59 | NEUTRAL | The RSI value for CB3.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CB3.MI has a positive trend. |
| Stochastics (14,3) | 87.09 | OVERBOUGHT | The high Stochastics value suggests CB3.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for CB3.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.12 | NEGATIVE | The low ADX value for CB3.MI suggests a weak or negative 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:CB3 (5/29/2025, 7:00:00 PM)
221.61
+0.78 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.35%
1 Week1.24%
2 Weeks0.66%
1 Month1.68%
3 Month0.76%
6 Month1.76%
12 Month-0.14%
2 Year4.01%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%0.4%
ATR Inc15.87%
Range Today1.24
ADR(20)0.34
ADR(20)%0.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.1
Mansfield-0.6
10 Day High221.61
10 Day Low218.71
20 Day High221.61
20 Day Low217.65
52 Week High229.2
52 Week Low203.47
CS1 End221.05
CR1 Start224.14
Volume & EV
DER(3)0%
DER(5)0%
Volume750
Volume Incr-54.7%
Vol(5)365.2
Vol(50)868.86