BIT:CFL - Euronext Milan - IT0005465619 - Common Stock - Currency: EUR
Taking everything into account, CFL scores 0 out of 10 in our technical rating. CFL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CFL has a bad technical rating, but it does show 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 3.13. Right above this resistance zone may be a good entry point.
3.03
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for CFL.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CFL.MI is down. |
ChartMill Relative Strength | 1.82 | NEGATIVE | CFL.MI has a low relative strength, it was outperformed by 98.18% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CFL.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CFL.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 45.51 | NEUTRAL | The RSI value for CFL.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CFL.MI has a positive trend. |
Stochastics (14,3) | 64.23 | NEUTRAL | The Stochastics value for CFL.MI is a neutral value. |
Average True Range in percent/ATR (20) | 9.19 | HIGH VOLATILITY | The high ATR as a percentage value for CFL.MI suggests high volalility. |
Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for CFL.MI suggests a possible start of a new trend. |
BIT:CFL (6/17/2025, 7:00:00 PM)
3.07
-0.06 (-1.92%)