IVZ BLOOMBERG COMMOD EUR HDG (CMOE.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:CMOE • IE00BF4J0300
Taking everything into account, CMOE scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CMOE is only an average performer.
- Warning: CMOE has an average volume of 5186 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.
- CMOE 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 CMOE is lagging the market slightly.
- When compared to the yearly performance of all other stocks, CMOE outperforms 59% of them, which is more or less in line with the market.
- In the last month CMOE has a been trading in the 53.62 - 61.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CMOE 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
45.31
We found 4 important support areas.
- A support zone ranging from 53.49 to 53.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @52.33 from a trend line in the weekly time frame.
- A support zone ranging from 51.07 to 51.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 60.08 to 61.25. 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 | 59.55 | NEUTRAL | CMOE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMOE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMOE.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.2 | NEUTRAL | The RSI value for CMOE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CMOE.MI has a negative trend. |
| Stochastics (14,3) | 34.54 | NEUTRAL | The Stochastics value for CMOE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for CMOE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 41.41 | POSITIVE | The high ADX value value for CMOE.MI suggests a strong trend. |
BIT:CMOE (2/4/2026, 7:00:00 PM)
57.8
-0.03 (-0.05%)
IVZ BLOOMBERG COMMOD EUR HDG / CMOE.MI FAQ
What is the technical rating for CMOE stock?
ChartMill assigns a technical rating of 8 / 10 to CMOE.MI.
Can you provide the trend direction for IVZ BLOOMBERG COMMOD EUR HDG?
The current trend direction for IVZ BLOOMBERG COMMOD EUR HDG (CMOE.MI) is Bullish.
Can you provide the RSI signal for IVZ BLOOMBERG COMMOD EUR HDG?
IVZ BLOOMBERG COMMOD EUR HDG (CMOE.MI) has an RSI value of 58.2046. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IVZ BLOOMBERG COMMOD EUR HDG?
The short term momentum for IVZ BLOOMBERG COMMOD EUR HDG (CMOE.MI) is positive.
What is the support and resistance level for CMOE stock?
IVZ BLOOMBERG COMMOD EUR HDG (CMOE.MI) has a support level at 53.95 and a resistance level at 60.08. Check the full technical report for our detailed analysis of CMOE.MI support and resistance levels.