BIT:CB3 - Euronext Milan - LU1681046261 - ETF - Currency: EUR
Overall CB3 gets a technical rating of 4 out of 10. CB3 has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
CB3 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 219.60, a Stop Loss order could be placed below this zone.
209.30
We found 1 important support area.
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 CB3.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CB3.MI is neutral. |
ChartMill Relative Strength | 41.34 | NEUTRAL | CB3.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CB3.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CB3.MI is above a declining SMA(50). |
Relative Strength Index/RSI (14) | 46.7 | NEUTRAL | The RSI value for CB3.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CB3.MI has a negative trend. |
Stochastics (14,3) | 48.14 | NEUTRAL | The Stochastics value for CB3.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for CB3.MI suggests low volalility. |
Average Directional Index/ADX (14) | 11.85 | NEGATIVE | The low ADX value for CB3.MI suggests a weak or negative trend. |
BIT:CB3 (7/17/2025, 11:25:54 AM)
219.74
-0.32 (-0.15%)