WT COFFEE (COFF.MI) Stock Technical Analysis
BIT:COFF - Euronext Milan - JE00BN7KB557 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to COFF. Although COFF is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
COFF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: COFF has an average volume of 2446 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, COFF did better than 93% of all other stocks. We also observe that the gains produced by COFF over the past year are nicely spread over this period.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
COFF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COFF is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
COFF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
51.90
65.49
We found 2 important support areas.
- A support zone ranging from 53.37 to 53.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 58.00 to 58.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.53 from a trend line in the daily time frame.
- Resistance @61.50 from a horizontal line in the weekly time frame.
- Resistance @62.99 from a horizontal line in the daily time frame.
- Resistance @64.84 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 | NEUTRAL | NEUTRAL | The long term trend for COFF.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COFF.MI is down. |
| ChartMill Relative Strength | 93.14 | POSITIVE | COFF.MI has a high relative strength, it outperformed 93.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COFF.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COFF.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COFF.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.5 | NEUTRAL | The RSI value for COFF.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests COFF.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.44 | NEUTRAL | The Stochastics value for COFF.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for COFF.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.92 | NEGATIVE | The low ADX value for COFF.MI suggests a weak or negative 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:COFF (6/6/2025, 10:15:35 AM)
56.48
+0.66 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.18%
1 Week5.65%
2 Weeks-0.21%
1 Month-7.7%
3 Month-8.62%
6 Month7.23%
12 Month83.73%
2 Year5678.6%
3 Year4495.61%
5 Year9198.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%2.72%
ATR Inc-8.27%
Range Today0
ADR(20)1.43
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.14
Mansfield1.02
10 Day High57.01
10 Day Low52.58
20 Day High62.02
20 Day Low52.58
52 Week High72.22
52 Week Low30.7
CS1 End53.93
CR1 Start58
Volume & EV
DER(3)0%
DER(5)0%
Volume60
Volume Incr-25.51%
Vol(5)1.45K
Vol(50)2.45K