BIT:CLIM - LU1563454310 - ETF
Taking everything into account, CLIM scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CLIM was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, CLIM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
43.65
2 important support areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for CLIM.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLIM.MI is up. |
ChartMill Relative Strength | 36.89 | NEUTRAL | CLIM.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CLIM.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLIM.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLIM.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.67 | NEUTRAL | The RSI value for CLIM.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CLIM.MI has a positive trend. |
Stochastics (14,3) | 66.57 | NEUTRAL | The Stochastics value for CLIM.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for CLIM.MI suggests low volalility. |
Average Directional Index/ADX (14) | 12.18 | NEGATIVE | The low ADX value for CLIM.MI suggests a weak or negative trend. |
BIT:CLIM (9/11/2025, 7:00:00 PM)
48.91
+0.08 (+0.16%)