COMAL SPA (CML.MI) Technical Analysis
BIT:CML • IT0005428971
Current stock price
CML.MI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CML. 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.
- 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 82% of 75 stocks in the same industry.
- A new 52 week high is currently being made by CML, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- 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.
CML.MI Weekly and Daily overview Charts
CML.MI Setup Rating and Analysis
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
CML.MI Support and Resistance Analysis
3.03
When analyzing the support we can see 4 important 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.
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.
CML.MI 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.
| 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. |
CML.MI Chart- and CandleStick Pattern Analysis
CML.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:CML (3/17/2025, 7:00:00 PM)
5.08
0 (0%)
COMAL SPA / CML.MI TA FAQ
Can you provide the ChartMill technical rating for COMAL SPA?
ChartMill assigns a technical rating of 10 / 10 to CML.MI.
What is the current trend direction of COMAL SPA (CML.MI) stock?
The current trend direction for COMAL SPA (CML.MI) is Bullish.
Can you provide the RSI signal for COMAL SPA?
COMAL SPA (CML.MI) has an RSI value of 79.8407. This indicates that the stock is currently overbought.
What is the MACD signal for COMAL SPA (CML.MI) stock?
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.