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.
Although COM has an excellent technical rating, it does not offer a high quality setup 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.
We found 1 important resistance area.
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 | 70.04 | POSITIVE | COM.MI has a high relative strength, it outperformed 70.04% 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) | 60.87 | NEUTRAL | The RSI value for COM.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests COM.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 44.93 | NEUTRAL | The Stochastics value for COM.MI is a neutral value. |
Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for COM.MI suggests some volalility. |
Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for COM.MI suggests a possible start of a new trend. |
BIT:COM (9/9/2025, 4:57:12 PM)
36.9
+1.2 (+3.36%)