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CREDITO EMILIANO SPA (CE.MI) Stock Technical Analysis

BIT:CE - Euronext Milan - IT0003121677 - Common Stock - Currency: EUR

12.32  +0.02 (+0.16%)

Technical Rating and Analysis

8

Overall CE gets a technical rating of 8 out of 10. Both in the recent history as in the last year, CE has proven to be a steady performer, scoring decent points in every aspect analyzed.

CE is part of the Banks industry. There are 93 other stocks in this industry, of which 71% are performing better than CE.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CE is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, CE also shows a nice and consistent pattern of rising prices.
CE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CE is lagging the market slightly.
In the last month CE has a been trading in a tight range between 11.94 and 12.64.
Weekly and Daily overview Charts
CREDITO EMILIANO SPA / CE Weekly stock chart
CREDITO EMILIANO SPA / CE Daily stock chart
Setup Rating and Analysis

9

CE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.23, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

10.49

13.30

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 12.02 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 11.27 to 11.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.05 from a horizontal line in the weekly time frame.
  • Support @10.60 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 12.47 to 12.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CE.MI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CE.MI is neutral.
ChartMill Relative Strength75.25POSITIVECE.MI has a high relative strength, it outperformed 75.25% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CE.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CE.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CE.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)52.89NEUTRALThe RSI value for CE.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests CE.MI has a positive trend.
Stochastics (14,3)54.72NEUTRALThe Stochastics value for CE.MI is a neutral value.
Average True Range in percent/ATR (20)1.91LOW VOLATILITYThe low ATR as a percentage value for CE.MI suggests low volalility.
Average Directional Index/ADX (14)14.97NEGATIVEThe low ADX value for CE.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.4912.010.48 (3.84%)25.00%
An entry @12.49. This is a Buy Stop order right above the resistance zone.An exit @12.01. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.48 points, which is 3.84%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CREDITO EMILIANO SPA / CE Daily stock chart

CREDITO EMILIANO SPA

BIT:CE (6/27/2025, 7:00:00 PM)

12.32

+0.02 (+0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.16%
1 Week1.32%
2 Weeks1.82%
1 Month1.82%
3 Month-3.75%
6 Month14.71%
12 Month32.47%
2 Year72.79%
3 Year134.67%
5 Year179.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.91%
ATR Inc-30%
Range Today0.16
ADR(20)0.23
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.25
Mansfield0.43
10 Day High12.56
10 Day Low12
20 Day High12.64
20 Day Low11.94
52 Week High13.28
52 Week Low8.66
CS1 End12.23
CR1 Start12.47
Volume & EV
DER(3)3.16%
DER(5)2.36%
Volume175.72K
Volume Incr3.94%
Vol(5)155.64K
Vol(50)180.74K