COMER INDUSTRIES SPA (COM.MI) Stock Technical Analysis
BIT:COM - Euronext Milan - IT0005246191 - Common Stock - Currency: EUR
We assign a technical rating of 6 out of 10 to COM. COM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: COM has an average volume of 2189 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
COM is part of the Machinery industry. There are 109 other stocks in this industry. COM outperforms 70% of them.
In the last month COM has a been trading in the 28.55 - 31.30 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 68% of them, which is more or less in line with the market.
COM 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 COM is lagging the market slightly.
COM 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
26.43
35.16
4 important support areas can be observed.
- A support zone ranging from 29.30 to 29.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.50 to 28.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.55 from a trend line in the weekly time frame.
- A support zone ranging from 26.70 to 26.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.30 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 | NEUTRAL | NEUTRAL | The long term trend for COM.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COM.MI is up. |
| ChartMill Relative Strength | 68.78 | 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) | UP | POSITIVE | The current price of COM.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.22 | OVERBOUGHT | The high RSI value suggests COM.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests COM.MI has a positive trend. |
| Stochastics (14,3) | 90.74 | OVERBOUGHT | The high Stochastics value suggests COM.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for COM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.08 | NEUTRAL | The ADX value for COM.MI suggests a possible start of a new 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 (6/4/2025, 5:11:58 PM)
31.15
-0.15 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.48%
1 Week5.03%
2 Weeks7.56%
1 Month7.75%
3 Month12.39%
6 Month1.29%
12 Month5.39%
2 Year-2.8%
3 Year20.38%
5 Year154.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%1.37%
ATR Inc71.82%
Range Today0.4
ADR(20)0.24
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.78
Mansfield-0.41
10 Day High31.3
10 Day Low28.55
20 Day High31.3
20 Day Low28.55
52 Week High35.3
52 Week Low25.2
CS1 End29.79
CR1 Start33.3
Volume & EV
DER(3)0%
DER(5)0%
Volume1.05K
Volume Incr74.12%
Vol(5)1.56K
Vol(50)2.19K