BIT:CHIN - Euronext Milan - IE0001QF56M0 - ETF - Currency: EUR
Overall CHIN gets a technical rating of 6 out of 10. Although CHIN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CHIN has an average technical rating and it also 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.
10.00
3 important support areas can be observed.
We can see 3 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 CHIN.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHIN.MI is up. |
ChartMill Relative Strength | 24.57 | NEGATIVE | CHIN.MI has a low relative strength, it was outperformed by 75.43% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHIN.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CHIN.MI is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHIN.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.25 | NEUTRAL | The RSI value for CHIN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CHIN.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 92.75 | OVERBOUGHT | The high Stochastics value suggests CHIN.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CHIN.MI suggests some volalility. |
Average Directional Index/ADX (14) | 13.42 | NEGATIVE | The low ADX value for CHIN.MI suggests a weak or negative trend. |
BIT:CHIN (7/31/2025, 7:00:00 PM)
11.846
-0.18 (-1.48%)