BIT:CBUS5 - Euronext Milan - LU1048314949 - ETF - Currency: EUR
Overall CBUS5 gets a technical rating of 5 out of 10. CBUS5 has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
CBUS5 has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.51, a Stop Loss order could be placed below this zone.
12.38
When analyzing the support we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for CBUS5.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBUS5.MI is neutral. |
ChartMill Relative Strength | 66.88 | NEUTRAL | CBUS5.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBUS5.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBUS5.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 52.73 | NEUTRAL | The RSI value for CBUS5.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CBUS5.MI has a positive trend. |
Stochastics (14,3) | 65.64 | NEUTRAL | The Stochastics value for CBUS5.MI is a neutral value. |
Average True Range in percent/ATR (20) | 12.28 | HIGH VOLATILITY | The high ATR as a percentage value for CBUS5.MI suggests high volalility. |
Average Directional Index/ADX (14) | 8.76 | NEGATIVE | The low ADX value for CBUS5.MI suggests a weak or negative trend. |
BIT:CBUS5 (7/17/2025, 11:06:34 AM)
15.02
+3.04 (+25.4%)