BIT:CEBE - Euronext Milan - IE000WA6L436 - ETF - Currency: EUR
Taking everything into account, CEBE scores 7 out of 10 in our technical rating. 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.
CEBE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.43, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
5.08
We found 2 important support areas.
We found 1 important resistance 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 CEBE.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEBE.MI is up. |
ChartMill Relative Strength | 56.62 | NEUTRAL | CEBE.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEBE.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEBE.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 77.77 | OVERBOUGHT | The high RSI value suggests CEBE.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CEBE.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 55.89 | NEUTRAL | The Stochastics value for CEBE.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for CEBE.MI suggests low volalility. |
Average Directional Index/ADX (14) | 50.85 | POSITIVE | The high ADX value value for CEBE.MI suggests a strong trend. |
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 |
---|---|---|---|
5.46 | 5.39 | 0.08 (1.37%) | 25.00% |
An entry @5.46. This is a Buy Stop order right above the resistance zone. | An exit @5.38. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 1.37%. | For a 0.34% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:CEBE (5/29/2025, 7:00:00 PM)
5.437
+0 (+0.02%)