INVESCO BLOOMBERG COMMODITY (CMOD.MI) Technical Analysis
BIT:CMOD • IE00BD6FTQ80
Current stock price
CMOD.MI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CMOD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMOD is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CMOD did better than 80% of all other stocks. On top of that, CMOD also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by CMOD, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month CMOD has a been trading in the 26.96 - 29.69 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
CMOD.MI Weekly and Daily overview Charts
CMOD.MI Setup Rating and Analysis
Although CMOD has an excellent technical rating, it does not present a decent entry opportunity 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
CMOD.MI Support and Resistance Analysis
21.07
When analyzing the support we can see 6 important areas.
- A support zone ranging from 27.95 to 28.42. 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 27.18 to 27.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.89 from a trend line in the daily time frame.
- Support @24.52 from a trend line in the weekly time frame.
- Support @22.19 from a horizontal line in the daily time frame.
- Support @21.28 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.30 to 29.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
CMOD.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 CMOD.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMOD.MI is up. |
| ChartMill Relative Strength | 80.24 | POSITIVE | CMOD.MI has a high relative strength, it outperformed 80.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMOD.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMOD.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMOD.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.22 | NEUTRAL | The RSI value for CMOD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CMOD.MI has a positive trend. |
| Stochastics (14,3) | 91.98 | OVERBOUGHT | The high Stochastics value suggests CMOD.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for CMOD.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.47 | NEGATIVE | The low ADX value for CMOD.MI suggests a weak or negative trend. |
CMOD.MI Chart- and CandleStick Pattern Analysis
CMOD.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:CMOD (4/30/2026, 7:00:00 PM)
29.285
-0.05 (-0.17%)
INVESCO BLOOMBERG COMMODITY / CMOD.MI TA FAQ
Can you provide the ChartMill technical rating for INVESCO BLOOMBERG COMMODITY?
ChartMill assigns a technical rating of 10 / 10 to CMOD.MI.
Can you provide the trend direction for INVESCO BLOOMBERG COMMODITY?
The current trend direction for INVESCO BLOOMBERG COMMODITY (CMOD.MI) is Bullish.
Can you provide the RSI signal for INVESCO BLOOMBERG COMMODITY?
INVESCO BLOOMBERG COMMODITY (CMOD.MI) has an RSI value of 63.2175. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INVESCO BLOOMBERG COMMODITY?
The short term momentum for INVESCO BLOOMBERG COMMODITY (CMOD.MI) is positive.
What is the support and resistance level for CMOD stock?
INVESCO BLOOMBERG COMMODITY (CMOD.MI) has a support level at 28.42 and a resistance level at 29.3. Check the full technical report for our detailed analysis of CMOD.MI support and resistance levels.