CREDITO EMILIANO SPA (CE.MI) Stock Technical Analysis
BIT:CE - Euronext Milan - IT0003121677 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to CE. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
CE is one of the lesser performing stocks in the Banks industry. 70% of 94 stocks in the same industry do better.
In the last month CE has a been trading in the 11.92 - 12.76 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CE did better than 74% of all other stocks.
CE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CE is performing more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CE does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
10.49
13.30
4 important support areas can be observed.
- A support zone ranging from 12.07 to 12.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.05 to 11.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.77 from a horizontal line in the daily time frame.
- Support @10.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.89 to 12.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.17 from a horizontal line in the daily time frame.
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 CE.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CE.MI is neutral. |
| ChartMill Relative Strength | 74.14 | POSITIVE | CE.MI has a high relative strength, it outperformed 74.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CE.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.69 | NEUTRAL | The RSI value for CE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CE.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.13 | NEUTRAL | The Stochastics value for CE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for CE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for CE.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:CE (6/2/2025, 7:00:00 PM)
12.3
+0.2 (+1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.65%
1 Week0.65%
2 Weeks0.49%
1 Month-0.65%
3 Month-3.91%
6 Month16.92%
12 Month28.39%
2 Year72.51%
3 Year134.29%
5 Year178.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.04%
ATR Inc3.55%
Range Today0.32
ADR(20)0.23
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.14
Mansfield0.92
10 Day High12.52
10 Day Low11.92
20 Day High12.76
20 Day Low11.92
52 Week High13.28
52 Week Low8.66
CS1 End12.22
CR1 Start12.89
Volume & EV
DER(3)1.82%
DER(5)0.85%
Volume77.86K
Volume Incr-48.03%
Vol(5)119.06K
Vol(50)210.15K