BIT:CBUSE - LU1048317025 - ETF
We assign a technical rating of 7 out of 10 to CBUSE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CBUSE is only an average performer.
CBUSE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
15.93
2 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for CBUSE.MI is up. |
ChartMill Relative Strength | 55.57 | 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) | UP | POSITIVE | The current price of CBUSE.MI is above the rising 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) | 61.89 | NEUTRAL | The RSI value for CBUSE.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CBUSE.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 85.06 | OVERBOUGHT | The high Stochastics value suggests CBUSE.MI may be overbought. |
Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for CBUSE.MI suggests low volalility. |
Average Directional Index/ADX (14) | 16.85 | NEGATIVE | The low ADX value for CBUSE.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
17.54 | 17.22 | 0.32 (1.81%) | 25.00% |
An entry @17.54. This is a Buy Stop order right above the resistance zone. | An exit @17.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.32 points, which is 1.81%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:CBUSE (9/2/2025, 9:24:16 AM)
17.472
-0.06 (-0.34%)