ISHARES CHINA CNY BOND USD-D (CNYB.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:CNYB - IE00BYPC1H27 - ETF
Taking everything into account, CNYB scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CNYB was also a bad performer in the overall market in the last year.
CNYB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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4.46
When analyzing the support we notice one important area.
- A support zone ranging from 4.50 to 4.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.65 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.73 to 4.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.17 to 5.23. 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 CNYB.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNYB.MI is up. |
| ChartMill Relative Strength | 22.2 | NEGATIVE | CNYB.MI has a low relative strength, it was outperformed by 77.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNYB.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNYB.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNYB.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.29 | NEUTRAL | The RSI value for CNYB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNYB.MI has a positive trend. |
| Stochastics (14,3) | 72.65 | NEUTRAL | The Stochastics value for CNYB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for CNYB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for CNYB.MI suggests a weak or negative trend. |
BIT:CNYB (1/8/2026, 1:15:56 PM)
4.642
+0.02 (+0.41%)
ISHARES CHINA CNY BOND USD-D / CNYB.MI FAQ
What is the technical rating for CNYB stock?
ChartMill assigns a technical rating of 2 / 10 to CNYB.MI.
What is the trend direction for CNYB stock?
The current trend direction for ISHARES CHINA CNY BOND USD-D (CNYB.MI) is Bearish.
What is the RSI signal for CNYB stock?
ISHARES CHINA CNY BOND USD-D (CNYB.MI) has an RSI value of 55.2925. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES CHINA CNY BOND USD-D (CNYB.MI) stock?
The MACD indicator for ISHARES CHINA CNY BOND USD-D (CNYB.MI) has a value of 0.00299561, indicating a bearish trend.
What are the support and resistance levels for ISHARES CHINA CNY BOND USD-D (CNYB.MI) stock?
ISHARES CHINA CNY BOND USD-D (CNYB.MI) has a support level at 4.62 and a resistance level at 4.65. Check the full technical report for our detailed analysis of CNYB.MI support and resistance levels.