Europe - Euronext Milan - BIT:COM - IT0005246191 - Common Stock
Taking everything into account, COM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, COM has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
26.43
When analyzing the support we can see 6 important areas.
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 | 86.36 | POSITIVE | COM.MI has a high relative strength, it outperformed 86.36% off all stocks 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) | 72.32 | OVERBOUGHT | The high RSI value suggests COM.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests COM.MI has a positive trend. |
| Stochastics (14,3) | 73.5 | NEUTRAL | The Stochastics value for COM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for COM.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for COM.MI suggests a possible start of a new trend. |
BIT:COM (12/5/2025, 10:14:18 AM)
42.4
-0.8 (-1.85%)
ChartMill assigns a technical rating of 10 / 10 to COM.MI.
The current trend direction for COMER INDUSTRIES SPA (COM.MI) is Bullish.
COMER INDUSTRIES SPA (COM.MI) has an RSI value of 72.321. This indicates that the stock is currently overbought.
The short term momentum for COMER INDUSTRIES SPA (COM.MI) is positive.
The buy/sell signal for COMER INDUSTRIES SPA (COM.MI) is buy as both the short term and long term trends are positive.