BIT:CLMA - Euronext Milan - IE00BNC1F287 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to CLMA. CLMA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CLMA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.45. Right above this resistance zone may be a good entry point.
5.38
When analyzing the resistance we notice 3 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 | DOWN | NEGATIVE | The long term trend for CLMA.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLMA.MI is down. |
ChartMill Relative Strength | 12.06 | NEGATIVE | CLMA.MI has a low relative strength, it was outperformed by 87.94% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLMA.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLMA.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 47.68 | NEUTRAL | The RSI value for CLMA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CLMA.MI has a positive trend. |
Stochastics (14,3) | 84.84 | OVERBOUGHT | The high Stochastics value suggests CLMA.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CLMA.MI suggests some volalility. |
Average Directional Index/ADX (14) | 19.9 | NEGATIVE | The low ADX value for CLMA.MI suggests a weak or negative trend. |
BIT:CLMA (6/18/2025, 7:00:00 PM)
5.432
0 (-0.04%)