BIT:CG1 - Euronext Milan - FR0010655712 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to CG1. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CG1 is showing a nice and steady performance.
Although CG1 has an excellent technical rating, the quality of the presented setup is not ideal 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.
273.28
When analyzing the support we can see 5 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 CG1.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CG1.MI is up. |
ChartMill Relative Strength | 94.61 | POSITIVE | CG1.MI has a high relative strength, it outperformed 94.61% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CG1.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CG1.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 63.09 | NEUTRAL | The RSI value for CG1.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CG1.MI has a negative trend. |
Stochastics (14,3) | 78.71 | NEUTRAL | The Stochastics value for CG1.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for CG1.MI suggests low volalility. |
Average Directional Index/ADX (14) | 25.02 | POSITIVE | The high ADX value value for CG1.MI suggests a strong trend. |
BIT:CG1 (7/17/2025, 7:00:00 PM)
432.45
+5.15 (+1.21%)