Logo image of CMB.MI

CEMBRE SPA (CMB.MI) Stock Technical Analysis

BIT:CMB - Euronext Milan - IT0001128047 - Common Stock - Currency: EUR

59.2  -0.6 (-1%)

Technical Rating and Analysis

10

Taking everything into account, CMB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CMB has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: CMB has an average volume of 4017 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CMB is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, CMB also shows a nice and consistent pattern of rising prices.
CMB is part of the Electrical Equipment industry. There are 59 other stocks in this industry. CMB outperforms 87% of them.
CMB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CMB is leading the market.
In the last month CMB has a been trading in the 55.50 - 61.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CEMBRE SPA / CMB Weekly stock chart
CEMBRE SPA / CMB Daily stock chart
Setup Rating and Analysis

6

CMB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 59.11, 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.
Support and Resistance Analysis

40.10

60.51

6 important support areas can be observed.

  • A support zone ranging from 58.30 to 59.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 54.20 to 55.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @48.09 from a trend line in the weekly time frame.
  • Support @44.65 from a trend line in the daily time frame.
  • Support @42.60 from a horizontal line in the daily time frame.
  • Strong support @40.50 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 59.61 to 59.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CMB.MI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CMB.MI is up.
ChartMill Relative Strength93.52POSITIVECMB.MI has a high relative strength, it outperformed 93.52% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CMB.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CMB.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CMB.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)60.82NEUTRALThe RSI value for CMB.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests CMB.MI has a negative trend.
Stochastics (14,3)69.55NEUTRALThe Stochastics value for CMB.MI is a neutral value.
Average True Range in percent/ATR (20)1.95LOW VOLATILITYThe low ATR as a percentage value for CMB.MI suggests low volalility.
Average Directional Index/ADX (14)33.39POSITIVEThe high ADX value value for CMB.MI suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
59.9258.291.63 (2.72%)25.00%
An entry @59.92. This is a Buy Stop order right above the resistance zone.An exit @58.29. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.63 points, which is 2.72%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%.

  • The distance between exit and entry is rather small compared to the average daily movement of CMB. 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.
CEMBRE SPA / CMB Daily stock chart

CEMBRE SPA

BIT:CMB (8/1/2025, 7:00:00 PM)

59.2

-0.6 (-1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1%
1 Week1.54%
2 Weeks-0.67%
1 Month7.44%
3 Month18.4%
6 Month46.17%
12 Month68.78%
2 Year78.31%
3 Year128.57%
5 Year256.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.2
ATR(20)%1.95%
ATR Inc27.48%
Range Today1.2
ADR(20)1.04
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.52
Mansfield2.39
10 Day High60.85
10 Day Low57.85
20 Day High61
20 Day Low55.5
52 Week High61
52 Week Low34
CS1 End59.11
CR1 Start59.61
Volume & EV
DER(3)2.95%
DER(5)0.18%
Volume3.56K
Volume Incr-28.31%
Vol(5)2.24K
Vol(50)4.02K