BIT:CBUSE - Euronext Milan - LU1048317025 - ETF - Currency: EUR
Taking everything into account, CBUSE scores 5 out of 10 in our technical rating. In the last year, CBUSE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CBUSE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.06, a Stop Loss order could be placed below this zone.
16.11
We found 1 important support area.
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 CBUSE.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBUSE.MI is neutral. |
ChartMill Relative Strength | 58.13 | NEUTRAL | CBUSE.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBUSE.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CBUSE.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBUSE.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.52 | NEUTRAL | The RSI value for CBUSE.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CBUSE.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 63.85 | NEUTRAL | The Stochastics value for CBUSE.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for CBUSE.MI suggests low volalility. |
Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for CBUSE.MI suggests a weak or negative trend. |
BIT:CBUSE (5/29/2025, 7:00:00 PM)
17.08
+0.14 (+0.85%)