BIT:CBUS5 - Euronext Milan - LU1048314949 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to CBUS5. CBUS5 has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again 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 14.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.90, a Stop Loss order could be placed below this zone.
12.20
We found 3 important support areas.
2 important resistance areas can be observed.
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 | 0 | NEGATIVE | CBUS5.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 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) | 53.76 | NEUTRAL | The RSI value for CBUS5.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CBUS5.MI has a positive trend. |
Stochastics (14,3) | 67.43 | NEUTRAL | The Stochastics value for CBUS5.MI is a neutral value. |
Average True Range in percent/ATR (20) | 9.18 | HIGH VOLATILITY | The high ATR as a percentage value for CBUS5.MI suggests high volalility. |
Average Directional Index/ADX (14) | 11.45 | NEGATIVE | The low ADX value for CBUS5.MI suggests a weak or negative trend. |
BIT:CBUS5 (5/28/2025, 4:23:18 PM)
14.914
+2.69 (+21.97%)