BIT:CI2 - Euronext Milan - LU1681043086 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to CI2. CI2'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.
The technical rating of CI2 is bad and it also does not present a 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.
830.06
We found 1 important support area.
We can see 5 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 | DOWN | NEGATIVE | The long term trend for CI2.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CI2.MI is down. |
ChartMill Relative Strength | 18.74 | NEGATIVE | CI2.MI has a low relative strength, it was outperformed by 81.26% 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 | MIXED | The current price of CI2.MI is below 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) | 37.23 | NEUTRAL | The RSI value for CI2.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.51 | NEGATIVE | The MACD value suggests CI2.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 8.74 | OVERSOLD | The low Stochastics value suggests CI2.MI may be oversold. |
Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for CI2.MI suggests low volalility. |
Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for CI2.MI suggests a weak or negative trend. |
BIT:CI2 (8/7/2025, 7:00:00 PM)
862.73
+8.04 (+0.94%)