COMAL SPA (CML.MI) Stock Technical Analysis
Europe - BIT:CML - IT0005428971 - Common Stock
Overall CML 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, CML is showing a nice and steady performance.
CML has an excellent technical rating, but the quality of the setup is only medium 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
4 important support areas can be observed.
- 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.
When analyzing the resistance we notice one important 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. |
BIT:CML (3/17/2025, 7:00:00 PM)
5.08
0 (0%)
COMAL SPA / CML.MI FAQ
What is the technical rating for CML stock?
ChartMill assigns a technical rating of 10 / 10 to CML.MI.
Can you provide the trend direction for COMAL SPA?
The current trend direction for COMAL SPA (CML.MI) is Bullish.
What is the RSI signal for COMAL SPA (CML.MI) stock?
COMAL SPA (CML.MI) has an RSI value of 79.8407. This indicates that the stock is currently overbought.
Can you provide the MACD signal for COMAL SPA?
The MACD indicator for COMAL SPA (CML.MI) has a value of -0.0178841, indicating a bearish trend.
Can you provide the short term momentum for COMAL SPA?
The short term momentum for COMAL SPA (CML.MI) is positive.