BIT:CBEU5 - Euronext Milan - LU1048314196 - ETF - Currency: EUR
Taking everything into account, CBEU5 scores 5 out of 10 in our technical rating. In the last year, CBEU5 was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CBEU5 has an average technical rating and it also does not offer a high quality setup 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.
12.33
We found 3 important support areas.
We found 1 important resistance 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 CBEU5.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBEU5.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CBEU5.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBEU5.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBEU5.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 62.99 | NEUTRAL | The RSI value for CBEU5.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CBEU5.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 81.24 | OVERBOUGHT | The high Stochastics value suggests CBEU5.MI may be overbought. |
Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for CBEU5.MI suggests low volalility. |
Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for CBEU5.MI suggests a weak or negative trend. |
BIT:CBEU5 (5/23/2025, 12:55:50 PM)
13.31
+0.01 (+0.09%)