AMS:CNDX - Euronext Amsterdam - IE00B53SZB19 - ETF - Currency: EUR
Overall CNDX gets a technical rating of 6 out of 10. CNDX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, CNDX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1062.43, a Stop Loss order could be placed below this zone.
907.72
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 CNDX.AS is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNDX.AS is up. |
ChartMill Relative Strength | 64.11 | NEUTRAL | CNDX.AS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNDX.AS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNDX.AS is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of CNDX.AS is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.95 | NEUTRAL | The RSI value for CNDX.AS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests CNDX.AS has a negative trend. |
Stochastics (14,3) | 62.96 | NEUTRAL | The Stochastics value for CNDX.AS is a neutral value. |
Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for CNDX.AS suggests low volalility. |
Average Directional Index/ADX (14) | 15.48 | NEGATIVE | The low ADX value for CNDX.AS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
1,076.89 | 1,045.79 | 31.10 (2.89%) | 25.00% |
An entry @1076.89. This is a Buy Stop order right above the resistance zone. | An exit @1045.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 31.10 points, which is 2.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
AMS:CNDX (5/30/2025, 7:00:00 PM)
1076
-2.4 (-0.22%)