Logo image of CMB.MI

CEMBRE SPA (CMB.MI) Stock Technical Analysis

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

58.2  -0.4 (-0.68%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CMB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMB is showing a nice and steady performance.

Warning: CMB has an average volume of 5023 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CMB is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by CMB over the past year are nicely spread over this period.
CMB is one of the better performing stocks in the Electrical Equipment industry, it outperforms 81% of 54 stocks in the same industry.
CMB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CMB is lagging the market slightly.
CMB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
CEMBRE SPA / CMB Weekly stock chart
CEMBRE SPA / CMB Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, CMB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 58.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CMB in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

40.10

58.97

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 57.40 to 57.94. 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 55.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @47.80 from a trend line in the weekly time frame.
  • Support @44.39 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.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 58.33 to 58.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 Strength92.15POSITIVECMB.MI has a high relative strength, it outperformed 92.15% 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)61.52NEUTRALThe RSI value for CMB.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.1POSITIVEThe MACD value suggests CMB.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)64.56NEUTRALThe Stochastics value for CMB.MI is a neutral value.
Average True Range in percent/ATR (20)2.09MEDIUM VOLATILITYThe ATR as a percentage value for CMB.MI suggests some volalility.
Average Directional Index/ADX (14)34.16POSITIVEThe 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
58.3457.390.95 (1.63%)25.00%
An entry @58.34. This is a Buy Stop order right above the 10 day moving average.An exit @57.39. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.95 points, which is 1.63%.For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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 (7/25/2025, 10:08:38 AM)

58.2

-0.4 (-0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.68%
1 Week-1.51%
2 Weeks2.81%
1 Month5.87%
3 Month20.82%
6 Month42.23%
12 Month60.88%
2 Year80.86%
3 Year115.44%
5 Year255.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%2.09%
ATR Inc-36.72%
Range Today0.35
ADR(20)1.09
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.15
Mansfield2.11
10 Day High61
10 Day Low56.1
20 Day High61
20 Day Low54.5
52 Week High61
52 Week Low34
CS1 End58.39
CR1 StartN/A
Volume & EV
DER(3)8.01%
DER(5)5.85%
Volume116
Volume Incr39.9%
Vol(5)4.29K
Vol(50)5.02K