CENTRALE DEL LATTE D'ITALIA (CLI.MI) Stock Technical Analysis
BIT:CLI - Euronext Milan - IT0003023980 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to CLI. 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.
Warning: CLI has an average volume of 5095 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month CLI has a been trading in the 2.56 - 3.16 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CLI outperforms 45% of them, which is more or less in line with the market.
CLI is an average performer in the Food Products industry, it outperforms 50% of 57 stocks in the same industry.
CLI 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 CLI is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CLI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.51
3.21
We found 5 important support areas.
- A support zone ranging from 2.89 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.73 to 2.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.68 from a horizontal line in the daily time frame.
- A support zone ranging from 2.61 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.54 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @3.00 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.10 to 3.18. 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 | 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 | 45.58 | 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) | 55.99 | NEUTRAL | The RSI value for CLI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CLI.MI has a negative trend. |
| Stochastics (14,3) | 49.47 | NEUTRAL | The Stochastics value for CLI.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for CLI.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.33 | NEGATIVE | The low ADX value for CLI.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.01 | 2.88 | 0.13 (4.32%) | 23.15% |
| An entry @3.01. This is a Buy Stop order right above the resistance zone. | An exit @2.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 4.32%. | When investing 23.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CLI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:CLI (8/1/2025, 7:00:00 PM)
3
-0.06 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.96%
1 Week2.74%
2 Weeks-3.23%
1 Month7.14%
3 Month7.91%
6 Month-2.6%
12 Month-0.33%
2 Year13.64%
3 Year8.3%
5 Year20%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%3.67%
ATR Inc42.03%
Range Today0.12
ADR(20)0.07
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.58
Mansfield-1.47
10 Day High3.1
10 Day Low2.88
20 Day High3.16
20 Day Low2.56
52 Week High3.26
52 Week Low2.43
CS1 End2.97
CR1 Start3
Volume & EV
DER(3)0%
DER(5)0%
Volume7.21K
Volume Incr25.81%
Vol(5)7.93K
Vol(50)5.10K