WT AT1 COCO ETF EUR HEDGED (COBO.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:COBO - IE00BFNNN236 - ETF
Overall COBO gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. COBO was also a bad performer in the overall market in the last year.
COBO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 85.22, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
80.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 84.29 to 85.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.91 from a horizontal line in the weekly time frame.
- A support zone ranging from 80.82 to 81.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 85.42 to 86.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @88.70 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for COBO.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COBO.MI is neutral. |
| ChartMill Relative Strength | 34.79 | NEUTRAL | COBO.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COBO.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COBO.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COBO.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.15 | NEUTRAL | The RSI value for COBO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests COBO.MI has a negative trend. |
| Stochastics (14,3) | 42.42 | NEUTRAL | The Stochastics value for COBO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for COBO.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.18 | NEUTRAL | The ADX value for COBO.MI suggests a possible start of a new trend. |
BIT:COBO (1/6/2026, 7:00:00 PM)
85.25
+0.02 (+0.02%)
WT AT1 COCO ETF EUR HEDGED / COBO.MI FAQ
Can you provide the ChartMill technical rating for WT AT1 COCO ETF EUR HEDGED?
ChartMill assigns a technical rating of 3 / 10 to COBO.MI.
What is the current trend direction of WT AT1 COCO ETF EUR HEDGED (COBO.MI) stock?
The current trend direction for WT AT1 COCO ETF EUR HEDGED (COBO.MI) is Bearish.
What is the RSI signal for COBO stock?
WT AT1 COCO ETF EUR HEDGED (COBO.MI) has an RSI value of 44.1506. This indicates that the stock is currently neutral.
What is the short term momentum for WT AT1 COCO ETF EUR HEDGED (COBO.MI) stock?
The short term momentum for WT AT1 COCO ETF EUR HEDGED (COBO.MI) is neutral.
What are the support and resistance levels for WT AT1 COCO ETF EUR HEDGED (COBO.MI) stock?
WT AT1 COCO ETF EUR HEDGED (COBO.MI) has a support level at 85.22 and a resistance level at 85.42. Check the full technical report for our detailed analysis of COBO.MI support and resistance levels.