COMER INDUSTRIES SPA (COM.MI) Stock Technical Analysis
BIT:COM - Euronext Milan - IT0005246191 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to COM. Although COM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: COM has an average volume of 2019 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
COM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so COM is lagging the market slightly.
In the last month COM has a been trading in the 29.80 - 34.60 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, COM outperforms 46% of them, which is more or less in line with the market.
COM is an average performer in the Machinery industry, it outperforms 58% of 104 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although COM 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
26.43
35.16
We found 6 important support areas.
- Support @33.37 from a trend line in the daily time frame.
- A support zone ranging from 30.40 to 31.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.50 to 29.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 28.59 to 28.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.47 from a trend line in the weekly time frame.
- Support @26.70 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 33.60 to 33.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.60 to 34.81. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for COM.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COM.MI is up. |
| ChartMill Relative Strength | 46.71 | NEUTRAL | COM.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COM.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COM.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of COM.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.6 | NEUTRAL | The RSI value for COM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests COM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.19 | NEUTRAL | The Stochastics value for COM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for COM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for COM.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:COM (8/5/2025, 12:14:31 PM)
33.4
+0.7 (+2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.14%
1 Week1.55%
2 Weeks2.83%
1 Month7.57%
3 Month10.47%
6 Month9.36%
12 Month-2.39%
2 Year2.19%
3 Year53.52%
5 Year213.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%2.69%
ATR Inc119.49%
Range Today0
ADR(20)0.6
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.71
Mansfield-0.16
10 Day High34.6
10 Day Low29.8
20 Day High34.6
20 Day Low29.8
52 Week High35.3
52 Week Low25.2
CS1 End31.15
CR1 Start33.37
Volume & EV
DER(3)-0.02%
DER(5)-0.01%
Volume171
Volume Incr196.63%
Vol(5)7.20K
Vol(50)2.02K