AMUNDI ETF LEVERAGED MSCI US (CL2.MI) Stock Technical Analysis
BIT:CL2 - Euronext Milan - FR0010755611 - ETF - Currency: EUR
Taking everything into account, CL2 scores 3 out of 10 in our technical rating. In the past year, CL2 was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
In the last month CL2 has a been trading in the 15.14 - 20.86 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, CL2 turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
CL2 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 CL2 is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
CL2 has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
15.63
21.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.70 to 20.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.37 from a trend line in the weekly time frame.
- Support @15.79 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.66 to 20.86. 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 | DOWN | NEGATIVE | The long term trend for CL2.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CL2.MI is up. |
| ChartMill Relative Strength | 61.31 | NEUTRAL | CL2.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CL2.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CL2.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CL2.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.02 | NEUTRAL | The RSI value for CL2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests CL2.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.69 | OVERBOUGHT | The high Stochastics value suggests CL2.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CL2.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for CL2.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:CL2 (5/30/2025, 7:00:00 PM)
20.035
-0.83 (-3.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.98%
1 Week-0.89%
2 Weeks7.94%
1 Month19.46%
3 Month-23%
6 Month-10.96%
12 Month32.98%
2 Year-99.42%
3 Year-99.49%
5 Year-99.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%4.07%
ATR Inc-32.09%
Range Today0.2
ADR(20)0.36
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.31
Mansfield-0.73
10 Day High20.87
10 Day Low17.99
20 Day High20.87
20 Day Low15.14
52 Week High26.63
52 Week Low14.28
CS1 End20.02
CR1 Start20.66
Volume & EV
DER(3)0%
DER(5)0%
Volume6.36K
Volume Incr-35.1%
Vol(5)22.17K
Vol(50)43.30K