BIT:CLI - Euronext Milan - IT0003023980 - Common Stock - Currency: EUR
Overall CLI gets a technical rating of 8 out of 10. Although CLI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CLI has an excellent technical rating, but the quality of the setup is 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.
2.50
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 CLI.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLI.MI is up. |
ChartMill Relative Strength | 50.05 | NEUTRAL | CLI.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLI.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLI.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLI.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 62.58 | NEUTRAL | The RSI value for CLI.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CLI.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 76.67 | NEUTRAL | The Stochastics value for CLI.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for CLI.MI suggests some volalility. |
Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for CLI.MI suggests a possible start of a new trend. |
BIT:CLI (5/23/2025, 7:00:00 PM)
3.04
0 (0%)