BIT:CC1 - Euronext Milan - LU1681043912 - ETF - Currency: EUR
Overall CC1 gets a technical rating of 2 out of 10. CC1 performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CC1 has a poor technical rating and the quality of the setup is also 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.
172.75
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 CC1.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CC1.MI is down. |
ChartMill Relative Strength | 28.15 | NEGATIVE | CC1.MI has a low relative strength, it was outperformed by 71.85% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CC1.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of CC1.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CC1.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.82 | NEUTRAL | The RSI value for CC1.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.24 | NEGATIVE | The MACD value suggests CC1.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 41.28 | NEUTRAL | The Stochastics value for CC1.MI is a neutral value. |
Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CC1.MI suggests some volalility. |
Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for CC1.MI suggests a possible start of a new trend. |
BIT:CC1 (5/23/2025, 3:45:12 PM)
230.31
-1.01 (-0.44%)