ISHARES CHINA CNY BOND USD-D (CNYB.MI) Stock Technical Analysis
BIT:CNYB - Euronext Milan - IE00BYPC1H27 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to CNYB. CNYB 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 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, CNYB is a bad performer in the overall market: 67% of all stocks are doing better.
CNYB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNYB is lagging the market.
In the last month CNYB has a been trading in the 4.58 - 4.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
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 support zone below the current price at 4.72, a Stop Loss order could be placed below this zone.
More info and screens
4.46
5.28
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.64 to 4.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.50 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.73 to 4.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.06 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for CNYB.MI is down. |
| ChartMill Relative Strength | 33.99 | NEUTRAL | CNYB.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNYB.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNYB.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CNYB.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.51 | NEUTRAL | The RSI value for CNYB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNYB.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.6 | NEUTRAL | The Stochastics value for CNYB.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for CNYB.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 29.58 | POSITIVE | The high ADX value value for CNYB.MI suggests a strong 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:CNYB (5/30/2025, 7:00:00 PM)
4.725
0 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week-0.34%
2 Weeks1.62%
1 Month-2.38%
3 Month-6.91%
6 Month-4.12%
12 Month-0.84%
2 Year-2.13%
3 Year-6.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%1.04%
ATR Inc-77.36%
Range Today0.01
ADR(20)0.03
ADR(20)%0.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.99
Mansfield-0.8
10 Day High4.81
10 Day Low4.58
20 Day High4.89
20 Day Low4.58
52 Week High5.17
52 Week Low4.58
CS1 End4.72
CR1 Start4.73
Volume & EV
DER(3)0%
DER(5)0%
Volume44.34K
Volume Incr-38.26%
Vol(5)27.30K
Vol(50)58.85K