BIT:CIB - Euronext Milan - LU2095995895 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to CIB. CIB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CIB has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
10.49
We found 1 important support area.
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 CIB.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIB.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CIB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of CIB.MI is below the rising SMA(20). |
Relative Strength Index/RSI (14) | 48.92 | NEUTRAL | The RSI value for CIB.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CIB.MI has a negative trend. |
Stochastics (14,3) | 61.25 | NEUTRAL | The Stochastics value for CIB.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for CIB.MI suggests low volalility. |
Average Directional Index/ADX (14) | 28.87 | POSITIVE | The high ADX value value for CIB.MI suggests a strong trend. |
BIT:CIB (5/12/2025, 7:00:00 PM)
11.478
-0.49 (-4.08%)