GS ACCESS CHINA GOV BD (CBND.MI) Stock Technical Analysis
BIT:CBND - Euronext Milan - IE00BJSBCS90 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to CBND. CBND scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
100% of all other stocks performed better in the past year than CBND.
In the last month CBND has a been trading in the 46.12 - 51.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: CBND has an average volume of 1470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Considerably lower volume is observed in the last couple of days.
The technical rating of CBND 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.
More info and screens
45.24
53.41
When analyzing the support we notice one important area.
- A support zone ranging from 45.70 to 46.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 48.95 to 49.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.28 to 52.88. 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 | NEUTRAL | NEUTRAL | The long term trend for CBND.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBND.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CBND.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBND.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBND.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.31 | NEUTRAL | The RSI value for CBND.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests CBND.MI has a negative trend. |
| Stochastics (14,3) | 15.88 | OVERSOLD | The low Stochastics value suggests CBND.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for CBND.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for CBND.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:CBND (6/13/2025, 7:00:00 PM)
46.945
-0.87 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.81%
1 Week-8.97%
2 Weeks-3.37%
1 Month-3.19%
3 Month-3.05%
6 Month-6.41%
12 MonthN/A
2 Year-7.22%
3 Year-1.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%1.89%
ATR Inc22.17%
Range Today0
ADR(20)0.19
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High51.84
10 Day Low46.12
20 Day High51.84
20 Day Low46.12
52 Week HighN/A
52 Week LowN/A
CS1 End46.94
CR1 Start48.95
Volume & EV
DER(3)0%
DER(5)0%
Volume20
Volume Incr-52.15%
Vol(5)442.2
Vol(50)1.47K