UBS ETF CHINA TECH H.EUR ACC (CIT.MI) Stock Technical Analysis
BIT:CIT - Euronext Milan - LU2265794276 - ETF - Currency: EUR
Overall CIT gets a technical rating of 5 out of 10. CIT 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.
When comparing the yearly performance of all stocks, CIT is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month CIT has a been trading in the 5.37 - 7.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, CIT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.66
7.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.39 to 6.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.10 from a trend line in the weekly time frame.
- Support @5.95 from a trend line in the daily time frame.
- A support zone ranging from 5.72 to 5.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.65 from a trend line in the daily time frame.
- Resistance @6.98 from a trend line in the daily time frame.
- A resistance zone ranging from 7.50 to 7.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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) | DOWN | MIXED | The current price of CIT.MI is above a declining 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) | 51.08 | NEUTRAL | The RSI value for CIT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CIT.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.82 | OVERBOUGHT | The high Stochastics value suggests CIT.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for CIT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.03 | NEGATIVE | The low ADX value for CIT.MI suggests a weak or negative trend. |
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)
BIT:CIT (5/29/2025, 7:00:00 PM)
6.585
-0.14 (-2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.08%
1 Week0.26%
2 Weeks13.09%
1 Month-8.38%
3 Month-4.41%
6 Month22.72%
12 MonthN/A
2 Year3.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%3.3%
ATR Inc-56.93%
Range Today0.13
ADR(20)0.09
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.82
10 Day Low5.78
20 Day High7.37
20 Day Low5.37
52 Week HighN/A
52 Week LowN/A
CS1 End6.41
CR1 Start6.65
Volume & EV
DER(3)0%
DER(5)0%
Volume19.79K
Volume Incr-9.02%
Vol(5)24.11K
Vol(50)33.20K