BIT:CLIM - Euronext Milan - LU1563454310 - ETF - Currency: EUR
Taking everything into account, CLIM scores 3 out of 10 in our technical rating. CLIM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CLIM has a bad technical rating, but it does show a decent setup pattern. 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 48.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.55, a Stop Loss order could be placed below this zone.
43.65
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for CLIM.MI is neutral. |
ChartMill Relative Strength | 46.09 | 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) | DOWN | NEGATIVE | The current price of CLIM.MI is below a declining 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) | 52.3 | 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) | 49.66 | NEUTRAL | The Stochastics value for CLIM.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for CLIM.MI suggests low volalility. |
Average Directional Index/ADX (14) | 9.57 | NEGATIVE | The low ADX value for CLIM.MI suggests a weak or negative trend. |
BIT:CLIM (5/28/2025, 7:00:00 PM)
48.56
+0.09 (+0.2%)