ISHARES MSCI CHINA EUR-H ACC (CNYE.MI) Stock Technical Analysis
BIT:CNYE - Euronext Milan - IE00099GAJC6 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to CNYE. Although CNYE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, CNYE outperforms 61% of them, which is more or less in line with the market.
CNYE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNYE is lagging the market.
In the last month CNYE has a been trading in a tight range between 4.28 and 4.53.
Volume is considerably higher in the last couple of days.
Although CNYE has an excellent technical rating, it does not present a decent entry opportunity 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
4.06
4.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.28 to 4.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.20 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.10 to 4.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @4.54 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for CNYE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNYE.MI is up. |
| ChartMill Relative Strength | 61.9 | NEUTRAL | CNYE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNYE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNYE.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNYE.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.26 | NEUTRAL | The RSI value for CNYE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNYE.MI has a positive trend. |
| Stochastics (14,3) | 92.11 | OVERBOUGHT | The high Stochastics value suggests CNYE.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for CNYE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.66 | POSITIVE | The high ADX value value for CNYE.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:CNYE (7/17/2025, 7:00:00 PM)
4.5275
+0.04 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.99%
1 Week1.11%
2 Weeks2.73%
1 Month5.08%
3 Month8.77%
6 Month1.98%
12 Month15.59%
2 Year8.17%
3 Year-6.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.7%
ATR Inc2.25%
Range Today0.01
ADR(20)0.02
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.9
Mansfield-0.3
10 Day High4.53
10 Day Low4.39
20 Day High4.53
20 Day Low4.28
52 Week High5.33
52 Week Low3.54
CS1 End4.51
CR1 Start4.54
Volume & EV
DER(3)0%
DER(5)0%
Volume521.59K
Volume Incr267.89%
Vol(5)486.44K
Vol(50)183.32K