AMUNDI ETF LEVERAGED MSCI US (CL2.MI) Stock Technical Analysis
BIT:CL2 - Euronext Milan - FR0010755611 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to CL2. In the past year, CL2 was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Warning: CL2 has an average volume of 22104 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 yearly performance of all stocks, we notice that CL2 is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CL2 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CL2 is lagging the market.
In the last month CL2 has a been trading in the 19.86 - 23.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CL2 has an average technical rating and it also 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.
More info and screens
16.21
23.30
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.02 to 22.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.71 to 19.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.87 from a trend line in the weekly time frame.
- Support @16.37 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.87 to 23.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 87.12 | POSITIVE | CL2.MI has a high relative strength, it outperformed 87.12% off all stocks 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) | UP | POSITIVE | The current price of CL2.MI is above the rising 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) | 60.82 | NEUTRAL | The RSI value for CL2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CL2.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.31 | NEUTRAL | The Stochastics value for CL2.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for CL2.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.82 | 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 (8/7/2025, 3:55:48 PM)
22.24
+0.32 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.48%
1 Week-2.52%
2 Weeks6.41%
1 Month11.21%
3 Month38.53%
6 Month-13.46%
12 Month24.94%
2 Year-99.45%
3 Year-99.37%
5 Year-98.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%2.03%
ATR Inc-26.08%
Range Today0
ADR(20)0.3
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.12
Mansfield-0.27
10 Day High23.4
10 Day Low21
20 Day High23.4
20 Day Low19.86
52 Week High26.63
52 Week Low14.28
CS1 End22.03
CR1 Start22.87
Volume & EV
DER(3)0%
DER(5)0%
Volume179
Volume Incr-29.14%
Vol(5)13.53K
Vol(50)22.10K