BIT:CBEU5 - LU1048314196 - ETF
We assign a technical rating of 3 out of 10 to CBEU5. In the last year, CBEU5 was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of CBEU5 is bad and it also does not present a 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.
12.33
When analyzing the support we can see 2 important 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 | DOWN | NEGATIVE | The short term trend for CBEU5.MI is down. |
ChartMill Relative Strength | 29.16 | NEGATIVE | CBEU5.MI has a low relative strength, it was outperformed by 70.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of CBEU5.MI is below 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) | 43.17 | NEUTRAL | The RSI value for CBEU5.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CBEU5.MI has a negative trend. |
Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for CBEU5.MI suggests low volalility. |
Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for CBEU5.MI suggests a possible start of a new trend. |
BIT:CBEU5 (9/1/2025, 12:29:48 PM)
13.232
-0.01 (-0.08%)