BIT:CEBE - Euronext Milan - IE000WA6L436 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to CEBE. Although CEBE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CEBE 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 5.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.41, a Stop Loss order could be placed below this zone.
5.07
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
5.44 | 5.37 | 0.07 (1.21%) | 25.00% |
An entry @5.44. This is a Buy Stop order right above the resistance zone. | An exit @5.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 1.21%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
BIT:CEBE (5/5/2025, 7:00:00 PM)
5.424
+0 (+0.06%)