BIT:CITE - Euronext Milan - LU2265794946 - ETF - Currency: EUR
Overall CITE gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CITE is a bad performer.
CITE has an average technical rating and the quality of the presented setup is also not ideal 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.
4.94
3 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
6.18 | 4.80 | 1.38 (22.28%) | 4.49% |
An entry @6.18. This is a Buy Stop order right above the resistance zone. | An exit @4.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.38 points, which is 22.28%. | When investing 4.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:CITE (5/2/2025, 7:00:00 PM)
5.889
+0.26 (+4.64%)