WT COCOA (COCO.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:COCO - JE00B2QXZK10 - ETF
Overall COCO gets a technical rating of 1 out of 10. COCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
COCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
7.43
2 important support areas can be observed.
- Support @7.69 from a horizontal line in the weekly time frame.
- Support @7.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.83 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.16 to 9.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.50 from a trend line in the daily time frame.
- Resistance @11.59 from a trend 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 | DOWN | NEGATIVE | The long term trend for COCO.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COCO.MI is neutral. |
| ChartMill Relative Strength | 6.62 | NEGATIVE | COCO.MI has a low relative strength, it was outperformed by 93.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COCO.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of COCO.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COCO.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.3 | NEUTRAL | The RSI value for COCO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests COCO.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.51 | NEUTRAL | The Stochastics value for COCO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for COCO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.43 | NEUTRAL | The ADX value for COCO.MI suggests a possible start of a new trend. |
BIT:COCO (12/23/2025, 7:00:00 PM)
8.712
+0.11 (+1.3%)
WT COCOA / COCO.MI FAQ
What is the ChartMill technical rating of WT COCOA (COCO.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to COCO.MI.
Can you provide the trend direction for WT COCOA?
The current trend direction for WT COCOA (COCO.MI) is Bearish.
What is the RSI signal for COCO stock?
WT COCOA (COCO.MI) has an RSI value of 52.2958. This indicates that the stock is currently neutral.
What is the short term momentum for WT COCOA (COCO.MI) stock?
The short term momentum for WT COCOA (COCO.MI) is neutral.
Can you provide the support and resistance levels for WT COCOA?
WT COCOA (COCO.MI) has a support level at 7.69 and a resistance level at 8.83. Check the full technical report for our detailed analysis of COCO.MI support and resistance levels.