BIT:CEUD - Euronext Milan - IE00BYXZ2585 - ETF - Currency: EUR
Overall CEUD gets a technical rating of 8 out of 10. Although CEUD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CEUD 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 7.35, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
6.19
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important 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 CEUD.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEUD.MI is up. |
ChartMill Relative Strength | 63.11 | NEUTRAL | CEUD.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEUD.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEUD.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 54.41 | NEUTRAL | The RSI value for CEUD.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CEUD.MI has a negative trend. |
Stochastics (14,3) | 60.12 | NEUTRAL | The Stochastics value for CEUD.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for CEUD.MI suggests low volalility. |
Average Directional Index/ADX (14) | 9.77 | NEGATIVE | The low ADX value for CEUD.MI suggests a weak or negative 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 |
---|---|---|---|
7.41 | 7.31 | 0.10 (1.34%) | 25.00% |
An entry @7.41. This is a Buy Stop order right above the 10 day moving average. | An exit @7.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 1.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
BIT:CEUD (7/16/2025, 7:00:00 PM)
7.367
-0.09 (-1.21%)