BIT:CED - Euronext Milan - IT0001472171 - Common Stock - Currency: EUR
Overall CED gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CED is showing a nice and steady performance.
CED has an excellent technical rating, but the quality of the setup is only medium 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.
1.11
4 important support areas can be observed.
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 CED.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CED.MI is up. |
ChartMill Relative Strength | 94.85 | POSITIVE | CED.MI has a high relative strength, it outperformed 94.85% 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 | POSITIVE | The current price of CED.MI is above 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) | 51.95 | NEUTRAL | The RSI value for CED.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CED.MI has a negative trend. |
Stochastics (14,3) | 74.74 | NEUTRAL | The Stochastics value for CED.MI is a neutral value. |
Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for CED.MI suggests some volalility. |
Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for CED.MI suggests a weak or negative trend. |
BIT:CED (6/3/2025, 9:45:54 AM)
1.685
0 (-0.3%)