BIT:CINESG - Euronext Milan - LU1953188833 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to CINESG. Recently some decent action could be observed, but in the medium term time frame this is still negative. CINESG was also a bad performer in the overall market in the last year.
CINESG 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.
7.41
We found 3 important support areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for CINESG.MI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CINESG.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | CINESG.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CINESG.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CINESG.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 55.36 | NEUTRAL | The RSI value for CINESG.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CINESG.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 42.84 | NEUTRAL | The Stochastics value for CINESG.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CINESG.MI suggests some volalility. |
Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for CINESG.MI suggests a weak or negative trend. |
BIT:CINESG (5/19/2025, 7:00:00 PM)
9.209
+0.54 (+6.22%)