INVESCO BLOOMBERG COMMODITY (CMOD.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:CMOD • IE00BD6FTQ80
Overall CMOD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CMOD is only an average performer.
- Warning: CMOD has an average volume of 27796 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!
- CMOD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CMOD is lagging the market slightly.
- In the last month CMOD has a been trading in the 23.66 - 25.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, CMOD turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
Besides having an excellent technical rating, CMOD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.58, a Stop Loss order could be placed below this zone.
More info and screens
20.32
7 important support areas can be observed.
- Support @24.24 from a trend line in the daily time frame.
- A support zone ranging from 23.34 to 23.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.83 from a trend line in the daily time frame.
- A support zone ranging from 22.12 to 22.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.61 from a horizontal line in the daily time frame.
- A support zone ranging from 20.89 to 21.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.10 to 25.20. 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 CMOD.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMOD.MI is up. |
| ChartMill Relative Strength | 42.53 | NEUTRAL | CMOD.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CMOD.MI is below 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) | 50.73 | NEUTRAL | The RSI value for CMOD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CMOD.MI has a negative trend. |
| Stochastics (14,3) | 27.28 | NEUTRAL | The Stochastics value for CMOD.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for CMOD.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for CMOD.MI suggests a strong trend. |
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 |
|---|---|---|---|
| 24.52 | 23.69 | 0.83 (3.36%) | 25.00% |
| An entry @24.52. This is a Buy Stop order right above the resistance zone. | An exit @23.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.83 points, which is 3.36%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:CMOD (2/11/2026, 4:29:59 PM)
24.29
+0.16 (+0.66%)
INVESCO BLOOMBERG COMMODITY / CMOD.MI FAQ
Can you provide the ChartMill technical rating for INVESCO BLOOMBERG COMMODITY?
ChartMill assigns a technical rating of 8 / 10 to CMOD.MI.
What is the trend direction for CMOD stock?
The current trend direction for INVESCO BLOOMBERG COMMODITY (CMOD.MI) is Bullish.
What is the RSI signal for INVESCO BLOOMBERG COMMODITY (CMOD.MI) stock?
INVESCO BLOOMBERG COMMODITY (CMOD.MI) has an RSI value of 50.7278. This indicates that the stock is currently neutral.
What is the MACD signal for CMOD stock?
The MACD indicator for INVESCO BLOOMBERG COMMODITY (CMOD.MI) has a value of -0.107509, indicating a bearish trend.
Can you provide the buy/sell signal for INVESCO BLOOMBERG COMMODITY?
The buy/sell signal for INVESCO BLOOMBERG COMMODITY (CMOD.MI) is buy as both the short term and long term trends are positive.