BIT:CM9 - Euronext Milan - FR0010756114 - ETF - Currency: EUR
Overall CM9 gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CM9 is showing a nice and steady performance.
Besides having an excellent technical rating, CM9 also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
484.95
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important 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 CM9.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CM9.MI is up. |
ChartMill Relative Strength | 78.43 | POSITIVE | CM9.MI has a high relative strength, it outperformed 78.43% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CM9.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of CM9.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CM9.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.31 | NEUTRAL | The RSI value for CM9.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.93 | POSITIVE | The MACD value suggests CM9.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 88.75 | OVERBOUGHT | The high Stochastics value suggests CM9.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CM9.MI suggests some volalility. |
Average Directional Index/ADX (14) | 20.22 | NEUTRAL | The ADX value for CM9.MI suggests a possible start of a new trend. |
BIT:CM9 (6/2/2025, 7:00:00 PM)
568.49
-2.84 (-0.5%)