Logo image of CIRC.MI

CIRCLE SPA (CIRC.MI) Stock Technical Analysis

BIT:CIRC - Euronext Milan - IT0005344996 - Common Stock - Currency: EUR

6.42  +0.02 (+0.31%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to CIRC. CIRC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month CIRC has a been trading in the 5.64 - 8.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: CIRC has an average volume of 8883 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, CIRC did better than 96% of all other stocks. We also observe that the gains produced by CIRC over the past year are nicely spread over this period.
CIRC is part of the Professional Services industry. There are 31 other stocks in this industry. CIRC outperforms 100% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CIRC 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 CIRC is lagging the market slightly.
Weekly and Daily overview Charts
CIRCLE SPA / CIRC Weekly stock chart
CIRCLE SPA / CIRC Daily stock chart
Setup Rating and Analysis

2

CIRC 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.

Support and Resistance Analysis

5.69

7.78

We found 3 important support areas.

  • Support @6.39 from a horizontal line in the weekly time frame.
  • Support @5.85 from a trend line in the daily time frame.
  • Support @5.75 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 7.16 to 7.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @7.70 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CIRC.MI is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CIRC.MI is down.
ChartMill Relative Strength96.56POSITIVECIRC.MI has a high relative strength, it outperformed 96.56% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CIRC.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of CIRC.MI is below the rising SMA(50).
Relative Strength Index/RSI (14)39.35NEUTRALThe RSI value for CIRC.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.17NEGATIVEThe MACD value suggests CIRC.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)31.36NEUTRALThe Stochastics value for CIRC.MI is a neutral value.
Average True Range in percent/ATR (20)7.48HIGH VOLATILITYThe high ATR as a percentage value for CIRC.MI suggests high volalility.
Average Directional Index/ADX (14)21.95NEUTRALThe ADX value for CIRC.MI suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
CIRCLE SPA / CIRC Daily stock chart

CIRCLE SPA

BIT:CIRC (5/19/2025, 7:00:00 PM)

6.42

+0.02 (+0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.31%
1 Week-16.62%
2 Weeks-13.24%
1 Month-14.4%
3 Month-18.11%
6 Month29.44%
12 Month136.03%
2 Year40.17%
3 Year76.37%
5 Year116.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%7.48%
ATR Inc-64.15%
Range Today0.14
ADR(20)0.26
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.56
Mansfield-0.22
10 Day High8
10 Day Low5.64
20 Day High8.52
20 Day Low5.64
52 Week High9.3
52 Week Low2.65
CS1 End6.39
CR1 Start7.16
Volume & EV
DER(3)0%
DER(5)0%
Volume5.28K
Volume Incr26.96%
Vol(5)10.96K
Vol(50)8.88K