BIT:CCBO - Euronext Milan - IE00BZ0XVF52 - ETF - Currency: EUR
Overall CCBO gets a technical rating of 2 out of 10. CCBO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CCBO has a poor technical rating and the quality of the setup is also not perfect 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.
74.80
We found 1 important support area.
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 | UP | POSITIVE | The long term trend for CCBO.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCBO.MI is down. |
ChartMill Relative Strength | 0 | NEGATIVE | CCBO.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCBO.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of CCBO.MI is below the rising SMA(50). |
Relative Strength Index/RSI (14) | 47.89 | NEUTRAL | The RSI value for CCBO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CCBO.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 43.05 | NEUTRAL | The Stochastics value for CCBO.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for CCBO.MI suggests low volalility. |
Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for CCBO.MI suggests a weak or negative trend. |
BIT:CCBO (6/18/2025, 7:00:00 PM)
78.16
+0.19 (+0.24%)