INVESCO CHINEXT 50 UCITS ETF (CN50.MI) Stock Technical Analysis
BIT:CN50 - Euronext Milan - IE000AWRDWI7 - ETF - Currency: EUR
Overall CN50 gets a technical rating of 2 out of 10. CN50 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CN50 is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.81
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 | NEUTRAL | NEUTRAL | The long term trend for CN50.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CN50.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CN50.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 69.03 | NEUTRAL | The RSI value for CN50.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests CN50.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for CN50.MI suggests a weak or negative trend. |
BIT:CN50 (7/30/2025, 7:00:00 PM)
5.869
+0.31 (+5.52%)