AMUNDI MSCI INDIA UCITS (CI2.MI) Stock Technical Analysis
BIT:CI2 - Euronext Milan - LU1681043086 - ETF - Currency: EUR
Taking everything into account, CI2 scores 1 out of 10 in our technical rating. CI2 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
76% of all other stocks performed better in the past year than CI2.
Warning: CI2 has an average volume of 203 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CI2 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CI2 is lagging the market.
In the last month CI2 has a been trading in a tight range between 899.00 and 938.16.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CI2 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 915.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 907.18, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
830.06
1,053.33
We found 2 important support areas.
- A support zone ranging from 884.08 to 907.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 838.44 to 849.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 915.19 to 919.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @947.23 from a horizontal line in the daily time frame.
- Resistance @973.51 from a trend line in the daily time frame.
- Resistance @1013.10 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1038.49 to 1042.90. 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 | DOWN | NEGATIVE | The long term trend for CI2.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CI2.MI is neutral. |
| ChartMill Relative Strength | 24.54 | NEGATIVE | CI2.MI has a low relative strength, it was outperformed by 75.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CI2.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CI2.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CI2.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.56 | NEUTRAL | The RSI value for CI2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.26 | NEGATIVE | The MACD value suggests CI2.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.15 | OVERSOLD | The low Stochastics value suggests CI2.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for CI2.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 8.18 | NEGATIVE | The low ADX value for CI2.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:CI2 (7/15/2025, 7:00:00 PM)
908.41
+8.73 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.97%
1 Week0%
2 Weeks-1.57%
1 Month-2.14%
3 Month-0.28%
6 Month-9.21%
12 Month-8%
2 Year20.18%
3 Year17.89%
5 Year71.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.21
ATR(20)%1.02%
ATR Inc-36.18%
Range Today4.39
ADR(20)5.15
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.54
Mansfield-1.21
10 Day High918.26
10 Day Low899
20 Day High938.16
20 Day Low899
52 Week High1048.24
52 Week Low813.77
CS1 End907.18
CR1 Start915.19
Volume & EV
DER(3)0%
DER(5)0%
Volume155
Volume Incr-78.31%
Vol(5)55.8
Vol(50)203.14