Europe - Euronext Milan - BIT:CLABO - IT0005091324 - Common Stock
Taking everything into account, CLABO scores 0 out of 10 in our technical rating. CLABO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CLABO is bad and it also does not present a 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.
1.06
2 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for CLABO.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLABO.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CLABO.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLABO.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLABO.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.6 | NEUTRAL | The RSI value for CLABO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CLABO.MI has a negative trend. |
| Stochastics (14,3) | 32.21 | NEUTRAL | The Stochastics value for CLABO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 14.22 | HIGH VOLATILITY | The high ATR as a percentage value for CLABO.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.18 | POSITIVE | The high ADX value value for CLABO.MI suggests a strong trend. |
BIT:CLABO (6/9/2025, 7:00:00 PM)
1.07
-0.03 (-3.17%)
ChartMill assigns a technical rating of 0 / 10 to CLABO.MI.
The current trend direction for CLABO SPA (CLABO.MI) is Bearish.
CLABO SPA (CLABO.MI) has an RSI value of 38.5982. This indicates that the stock is currently neutral.
The short term momentum for CLABO SPA (CLABO.MI) is negative.