AMUNDI MSCI SEMICONDUCTORS E (CHIP.MI) Stock Technical Analysis
BIT:CHIP - Euronext Milan - LU1900066033 - ETF - Currency: EUR
Taking everything into account, CHIP scores 7 out of 10 in our technical rating. In the last year, CHIP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: CHIP has an average volume of 13443 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CHIP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, CHIP outperforms 49% of them, which is more or less in line with the market.
CHIP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHIP is lagging the market slightly.
CHIP 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.
More info and screens
38.83
50.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.06 to 47.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.22 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.84 to 50.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CHIP.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHIP.MI is up. |
| ChartMill Relative Strength | 49.64 | NEUTRAL | CHIP.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHIP.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHIP.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CHIP.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.35 | NEUTRAL | The RSI value for CHIP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CHIP.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.64 | NEUTRAL | The Stochastics value for CHIP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CHIP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for CHIP.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:CHIP (5/30/2025, 7:00:00 PM)
48.665
-1.08 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.16%
1 Week0.19%
2 Weeks-2.71%
1 Month17.83%
3 Month-2.01%
6 Month-3.21%
12 Month5.21%
2 Year75.46%
3 Year107.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%2.8%
ATR Inc21.26%
Range Today0.96
ADR(20)0.84
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.64
Mansfield-0.42
10 Day High50.93
10 Day Low46.95
20 Day High50.93
20 Day Low40.21
52 Week High57.96
52 Week Low32.35
CS1 End47.48
CR1 Start49.84
Volume & EV
DER(3)0%
DER(5)-1.7%
Volume4.07K
Volume Incr-52.2%
Vol(5)7.60K
Vol(50)13.44K