BIT:CED - Euronext Milan - IT0001472171 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to CED. In the last year, CED was one of the better performers, but we do observe some doubts in the very recent evolution.
Although CED has an excellent technical rating, it does not offer a high quality setup 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.
1.12
4 important support areas can be observed.
We can see 2 important resistance areas.
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 CED.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CED.MI is down. |
ChartMill Relative Strength | 90.15 | POSITIVE | CED.MI has a high relative strength, it outperformed 90.15% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CED.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of CED.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CED.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 45.82 | NEUTRAL | The RSI value for CED.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CED.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 17.44 | OVERSOLD | The low Stochastics value suggests CED.MI may be oversold. |
Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for CED.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.65 | NEGATIVE | The low ADX value for CED.MI suggests a weak or negative trend. |
BIT:CED (7/14/2025, 7:00:00 PM)
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