COMAL SPA (CML.MI) Stock Technical Analysis
BIT:CML - Euronext Milan - IT0005428971 - Common Stock - Currency: EUR
Taking everything into account, CML scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CML has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CML did better than 95% of all other stocks. On top of that, CML also shows a nice and consistent pattern of rising prices.
CML is one of the better performing stocks in the Electrical Equipment industry, it outperforms 88% of 54 stocks in the same industry.
CML is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CML 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although CML has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
3.03
5.14
We found 4 important support areas.
- A support zone ranging from 4.77 to 4.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.20 to 4.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.15 to 3.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.09 to 5.09. 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 CML.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CML.MI is up. |
| ChartMill Relative Strength | 95.26 | POSITIVE | CML.MI has a high relative strength, it outperformed 95.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CML.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CML.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CML.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.84 | OVERBOUGHT | The high RSI value suggests CML.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CML.MI has a negative trend. |
| Stochastics (14,3) | 93.75 | OVERBOUGHT | The high Stochastics value suggests CML.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for CML.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 44.73 | POSITIVE | The high ADX value value for CML.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)
BIT:CML (3/17/2025, 7:00:00 PM)
5.08
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week0.4%
2 Weeks5.39%
1 Month20.09%
3 Month31.61%
6 Month59.75%
12 Month66.56%
2 Year43.5%
3 Year63.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%1.8%
ATR Inc-72.55%
Range Today0.02
ADR(20)0.05
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.26
Mansfield2.47
10 Day High5.1
10 Day Low4.78
20 Day High5.1
20 Day Low4.68
52 Week High5.1
52 Week Low2.73
CS1 End4.77
CR1 Start5.09
Volume & EV
DER(3)0%
DER(5)0%
Volume6.75K
Volume Incr-83.2%
Vol(5)49.23K
Vol(50)143.66K