BIT:CNHI - Euronext Milan - NL0010545661 - Common Stock - Currency: EUR
Overall CNHI gets a technical rating of 4 out of 10. In the past year, CNHI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CNHI has an average technical rating and the quality of the presented setup is also not ideal 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.
9.94
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 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 | DOWN | NEGATIVE | The long term trend for CNHI.MI is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNHI.MI is up. |
ChartMill Relative Strength | 14.58 | NEGATIVE | CNHI.MI has a low relative strength, it was outperformed by 85.42% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNHI.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNHI.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNHI.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 70.3 | OVERBOUGHT | The high RSI value suggests CNHI.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CNHI.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 95.76 | OVERBOUGHT | The high Stochastics value suggests CNHI.MI may be overbought. |
Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CNHI.MI suggests some volalility. |
Average Directional Index/ADX (14) | 28.09 | POSITIVE | The high ADX value value for CNHI.MI suggests a strong trend. |
BIT:CNHI (12/29/2023, 7:00:00 PM)
11.08
+0.14 (+1.28%)