CEMBRE SPA (CMB.MI) Stock Technical Analysis
BIT:CMB - Euronext Milan - IT0001128047 - Common Stock - Currency: EUR
Overall CMB gets a technical rating of 10 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, CMB is showing a nice and steady performance.
Warning: CMB has an average volume of 7000 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 93% 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 90% of 56 stocks in the same industry.
A new 52 week high is currently being made by CMB, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CMB is leading the market.
In the last month CMB has a been trading in the 53.50 - 57.00 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
CMB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 56.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.22, 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.
More info and screens
37.60
57.18
6 important support areas can be observed.
- A support zone ranging from 54.20 to 56.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.34 from a trend line in the weekly time frame.
- Support @43.49 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.
- Support @37.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.41 to 56.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 93.71 | POSITIVE | CMB.MI has a high relative strength, it outperformed 93.71% 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) | UP | POSITIVE | The current price of CMB.MI is above the rising 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) | 63.24 | NEUTRAL | The RSI value for CMB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CMB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.15 | OVERBOUGHT | The high Stochastics value suggests CMB.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CMB.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 48.68 | POSITIVE | The high ADX value value for CMB.MI suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 56.62 | 53.49 | 3.13 (5.53%) | 18.09% |
| An entry @56.62. This is a Buy Stop order right above the resistance zone. | An exit @53.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.13 points, which is 5.53%. | When investing 18.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
BIT:CMB (6/20/2025, 5:29:45 PM)
56.4
+0.7 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.26%
1 Week1.81%
2 Weeks2.17%
1 Month1.44%
3 Month28.04%
6 Month36.4%
12 Month46.68%
2 Year88.63%
3 Year135%
5 Year231.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%2.05%
ATR Inc10.77%
Range Today1.05
ADR(20)1.1
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.71
Mansfield2.8
10 Day High57
10 Day Low53.5
20 Day High57
20 Day Low53.5
52 Week High57
52 Week Low34
CS1 End56.22
CR1 Start56.41
Volume & EV
DER(3)-3.02%
DER(5)-0.06%
Volume2.83K
Volume Incr-54.64%
Vol(5)3.17K
Vol(50)7.00K