Europe - BIT:CMB - IT0001128047 - Common Stock
We assign a technical rating of 9 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.
Although CMB has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
51.08
When analyzing the support we can see 5 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 CMB.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMB.MI is up. |
| ChartMill Relative Strength | 88.21 | POSITIVE | CMB.MI has a high relative strength, it outperformed 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMB.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CMB.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMB.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.72 | NEUTRAL | The RSI value for CMB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests CMB.MI has a positive trend. |
| Stochastics (14,3) | 84.69 | OVERBOUGHT | The high Stochastics value suggests CMB.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for CMB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.97 | POSITIVE | The high ADX value value for CMB.MI suggests a strong trend. |
BIT:CMB (10/24/2025, 7:00:00 PM)
62.3
-1 (-1.58%)
ChartMill assigns a technical rating of 9 / 10 to CMB.MI.
The current trend direction for CEMBRE SPA (CMB.MI) is Bullish.
CEMBRE SPA (CMB.MI) has an RSI value of 66.7157. This indicates that the stock is currently neutral.
The short term momentum for CEMBRE SPA (CMB.MI) is positive.
CEMBRE SPA (CMB.MI) has a support level at 60.2 and a resistance level at 64.01. Check the full technical report for our detailed analysis of CMB.MI support and resistance levels.