IVZ BLOOMBERG COMMOD EUR HDG (CMOE.MI) Stock Technical Analysis
BIT:CMOE - Euronext Milan - IE00BF4J0300 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to CMOE. In the last year, CMOE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, CMOE is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: CMOE has an average volume of 2340 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CMOE has a been trading in the 46.49 - 52.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
CMOE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
44.28
52.51
3 important support areas can be observed.
- A support zone ranging from 48.25 to 48.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @45.77 from a horizontal line in the daily time frame.
- A support zone ranging from 44.73 to 44.79. 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 50.65 to 51.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.99 to 51.99. 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 CMOE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMOE.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CMOE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CMOE.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CMOE.MI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.51 | NEUTRAL | The RSI value for CMOE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CMOE.MI has a negative trend. |
| Stochastics (14,3) | 66.59 | NEUTRAL | The Stochastics value for CMOE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CMOE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.7 | NEGATIVE | The low ADX value for CMOE.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:CMOE (7/28/2025, 7:00:00 PM)
50.07
-0.58 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.15%
1 Week-0.42%
2 Weeks1.03%
1 Month-1.77%
3 Month6.8%
6 Month10.14%
12 MonthN/A
2 Year6.08%
3 Year-14.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%2.24%
ATR Inc-64.07%
Range Today0.19
ADR(20)0.56
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High52.21
10 Day Low49.47
20 Day High52.21
20 Day Low46.49
52 Week HighN/A
52 Week LowN/A
CS1 End48.82
CR1 Start50.65
Volume & EV
DER(3)0%
DER(5)0%
Volume991
Volume Incr39.95%
Vol(5)3.41K
Vol(50)2.34K