Europe - BIT:CITE - LU2265794946 - ETF
We assign a technical rating of 7 out of 10 to CITE. 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.
Although CITE 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.
6.37
4 important support 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 | UP | POSITIVE | The long term trend for CITE.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CITE.MI is up. |
ChartMill Relative Strength | 33.52 | NEUTRAL | CITE.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CITE.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CITE.MI is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 66.72 | NEUTRAL | The RSI value for CITE.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CITE.MI has a positive trend. |
Stochastics (14,3) | 90.85 | OVERBOUGHT | The high Stochastics value suggests CITE.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CITE.MI suggests some volalility. |
Average Directional Index/ADX (14) | 30.73 | POSITIVE | The high ADX value value for CITE.MI suggests a strong trend. |
BIT:CITE (9/12/2025, 7:00:00 PM)
7.44
+0.03 (+0.36%)