COMER INDUSTRIES SPA (COM.MI) Stock Technical Analysis
Europe - BIT:COM - IT0005246191 - Common Stock
Overall COM gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, COM is only an average performer.
COM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 37.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.63, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
26.43
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.75 to 36.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.31 from a trend line in the weekly time frame.
- Support @27.25 from a trend line in the weekly time frame.
- Support @26.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.70 to 37.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 44.49 | 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) | 53.39 | NEUTRAL | The RSI value for COM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests COM.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.37 | NEUTRAL | The Stochastics value for COM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for COM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 7.53 | NEGATIVE | The low ADX value for COM.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.31 | 35.49 | 1.82 (4.88%) | 20.50% |
| An entry @37.31. This is a Buy Stop order right above the 10 day high. | An exit @35.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.82 points, which is 4.88%. | When investing 20.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:COM (11/4/2025, 5:29:46 PM)
36.7
-0.1 (-0.27%)
COMER INDUSTRIES SPA / COM.MI FAQ
Can you provide the ChartMill technical rating for COMER INDUSTRIES SPA?
ChartMill assigns a technical rating of 8 / 10 to COM.MI.
What is the trend direction for COM stock?
The current trend direction for COMER INDUSTRIES SPA (COM.MI) is Bullish.
What is the RSI signal for COMER INDUSTRIES SPA (COM.MI) stock?
COMER INDUSTRIES SPA (COM.MI) has an RSI value of 53.3881. This indicates that the stock is currently neutral.
What is the short term momentum for COMER INDUSTRIES SPA (COM.MI) stock?
The short term momentum for COMER INDUSTRIES SPA (COM.MI) is positive.
What is the buy/sell signal for COMER INDUSTRIES SPA (COM.MI) stock?
The buy/sell signal for COMER INDUSTRIES SPA (COM.MI) is buy as both the short term and long term trends are positive.