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IVZ BLOOMBERG COMMOD EUR HDG (CMOE.MI) Stock Technical Analysis

BIT:CMOE - IE00BF4J0300 - ETF

50.03 EUR
-0.39 (-0.77%)
Last: 9/4/2025, 7:00:00 PM
Technical Rating and Analysis

6

Overall CMOE gets a technical rating of 6 out of 10. Although CMOE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: CMOE has an average volume of 2600 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month CMOE has a been trading in the 48.72 - 52.80 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CMOE is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CMOE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMOE is lagging the market.
Weekly and Daily overview Charts
IVZ BLOOMBERG COMMOD EUR HDG / CMOE Weekly stock chart
IVZ BLOOMBERG COMMOD EUR HDG / CMOE Daily stock chart
Setup Rating and Analysis

3

CMOE has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

44.28

52.51

3 important support areas can be observed.

  • A support zone ranging from 49.12 to 50.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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.

We found 1 important resistance area.

  • A resistance zone ranging from 51.18 to 51.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CMOE.MI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CMOE.MI is neutral.
ChartMill Relative Strength72.38POSITIVECMOE.MI has a high relative strength, it outperformed 72.38% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CMOE.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CMOE.MI is above the rising SMA(50).
Relative Strength Index/RSI (14)53.03NEUTRALThe RSI value for CMOE.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests CMOE.MI has a negative trend, although the MACD value is rising.
Stochastics (14,3)41.03NEUTRALThe Stochastics value for CMOE.MI is a neutral value.
Average True Range in percent/ATR (20)1.72LOW VOLATILITYThe low ATR as a percentage value for CMOE.MI suggests low volalility.
Average Directional Index/ADX (14)11.89NEGATIVEThe low ADX value for CMOE.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
IVZ BLOOMBERG COMMOD EUR HDG / CMOE Daily stock chart

IVZ BLOOMBERG COMMOD EUR HDG

BIT:CMOE (9/4/2025, 7:00:00 PM)

50.03

-0.39 (-0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.77%
1 Week2.72%
2 Weeks-0.08%
1 Month0.95%
3 Month0.86%
6 Month11.67%
12 Month31.36%
2 Year2.53%
3 Year-16.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%1.72%
ATR Inc307.61%
Range Today2.92
ADR(20)0.42
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.38
Mansfield-2.2
10 Day High52.8
10 Day Low48.72
20 Day High52.8
20 Day Low48.72
52 Week High62.83
52 Week Low39.03
CS1 End50
CR1 Start51.18
Volume & EV
DER(3)0%
DER(5)0%
Volume292
Volume Incr-2.16%
Vol(5)2.65K
Vol(50)2.60K