AMUNDI MSCI CHINA A UCITS ET (CNAA.MI) Stock Technical Analysis
BIT:CNAA - Euronext Milan - FR0011720911 - ETF - Currency: EUR
Overall CNAA gets a technical rating of 1 out of 10. CNAA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CNAA is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: CNAA has an average volume of 871 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CNAA 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 CNAA is lagging the market slightly.
In the last month CNAA has a been trading in the 125.09 - 138.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CNAA has a poor technical rating and the quality of the setup is also only medium 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
111.25
150.34
We found 3 important support areas.
- A support zone ranging from 130.64 to 130.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @125.49 from a trend line in the daily time frame.
- A support zone ranging from 112.37 to 112.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 133.19 to 136.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 146.51 to 148.85. 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 | DOWN | NEGATIVE | The long term trend for CNAA.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNAA.MI is down. |
| ChartMill Relative Strength | 37.39 | NEUTRAL | CNAA.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNAA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNAA.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNAA.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.28 | NEUTRAL | The RSI value for CNAA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests CNAA.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.81 | NEUTRAL | The Stochastics value for CNAA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for CNAA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.3 | NEGATIVE | The low ADX value for CNAA.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:CNAA (6/3/2025, 7:00:00 PM)
131.16
+0.18 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week-2.38%
2 Weeks-0.76%
1 Month5.2%
3 Month-9.01%
6 Month-7.94%
12 Month5.37%
2 Year-1.91%
3 Year-19.57%
5 Year4.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.93
ATR(20)%1.51%
ATR Inc-45.72%
Range Today0.87
ADR(20)1.23
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.39
Mansfield-0.69
10 Day High138.17
10 Day Low130.72
20 Day High138.17
20 Day Low125.09
52 Week High172.24
52 Week Low112.9
CS1 End130.87
CR1 Start133.19
Volume & EV
DER(3)0%
DER(5)0%
Volume523
Volume Incr-55.32%
Vol(5)460.6
Vol(50)871.52