INVESCO BLOOMBERG COMMODITY (CMOD.MI) Stock Technical Analysis
BIT:CMOD - Euronext Milan - IE00BD6FTQ80 - ETF - Currency: EUR
Overall CMOD gets a technical rating of 0 out of 10. CMOD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
71% of all other stocks performed better in the past year than CMOD.
Warning: CMOD has an average volume of 27130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CMOD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMOD is lagging the market slightly.
In the last month CMOD has a been trading in a tight range between 20.89 and 22.05.
The technical rating of CMOD is bad and it also does not present a quality setup 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
19.31
24.26
When analyzing the support we can see 2 important areas.
- Support @20.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 19.50 to 19.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.91 to 21.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.02 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CMOD.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMOD.MI is down. |
| ChartMill Relative Strength | 29.14 | NEGATIVE | CMOD.MI has a low relative strength, it was outperformed by 70.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMOD.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMOD.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMOD.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.61 | NEUTRAL | The RSI value for CMOD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CMOD.MI has a negative trend. |
| Stochastics (14,3) | 4.39 | OVERSOLD | The low Stochastics value suggests CMOD.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for CMOD.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.87 | NEGATIVE | The low ADX value for CMOD.MI suggests a weak or negative 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:CMOD (5/30/2025, 7:00:00 PM)
20.885
-0.09 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.45%
1 Week-2.54%
2 Weeks-2.75%
1 Month-1.14%
3 Month-10.15%
6 Month-3.71%
12 Month-3.04%
2 Year5.1%
3 Year-20.01%
5 Year74.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.07%
ATR Inc40.22%
Range Today0.25
ADR(20)0.18
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.14
Mansfield-0.67
10 Day High21.52
10 Day Low20.89
20 Day High22.05
20 Day Low20.89
52 Week High24.36
52 Week Low19.35
CS1 End20.07
CR1 Start20.91
Volume & EV
DER(3)0%
DER(5)0%
Volume30.30K
Volume Incr-43.05%
Vol(5)18.96K
Vol(50)27.13K