BIT:CC1 - LU1681043912 - ETF
Taking everything into account, CC1 scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CC1 is only an average performer.
Although CC1 has an excellent technical rating, it does not present a decent entry opportunity 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
When analyzing the support we can see 3 important areas.
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 | UP | POSITIVE | The long term trend for CC1.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CC1.MI is up. |
ChartMill Relative Strength | 56.26 | NEUTRAL | CC1.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CC1.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CC1.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CC1.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 67.44 | NEUTRAL | The RSI value for CC1.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.73 | POSITIVE | The MACD value suggests CC1.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.97 | OVERBOUGHT | The high Stochastics value suggests CC1.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for CC1.MI suggests some volalility. |
Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for CC1.MI suggests a possible start of a new trend. |
BIT:CC1 (9/5/2025, 7:00:00 PM)
287.58
+7.9 (+2.82%)