BIT:CIT - LU2265794276 - ETF
We assign a technical rating of 7 out of 10 to CIT. Although CIT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CIT has an excellent technical rating, it 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.
6.81
We found 3 important support 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 | UP | POSITIVE | The long term trend for CIT.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIT.MI is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CIT.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 CIT.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIT.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 67.84 | NEUTRAL | The RSI value for CIT.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CIT.MI has a positive trend. |
Stochastics (14,3) | 98.61 | OVERBOUGHT | The high Stochastics value suggests CIT.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for CIT.MI suggests low volalility. |
Average Directional Index/ADX (14) | 22.82 | NEUTRAL | The ADX value for CIT.MI suggests a possible start of a new trend. |
BIT:CIT (9/11/2025, 7:00:00 PM)
7.903
+0.1 (+1.35%)