BIT:COMF - Euronext Milan - IE00B4WPHX27 - ETF - Currency: EUR
Overall COMF gets a technical rating of 0 out of 10. COMF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, COMF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 21.14, a Stop Loss order could be placed below this zone.
19.29
2 important support areas can be observed.
We can see 2 important resistance 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 | DOWN | NEGATIVE | The long term trend for COMF.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COMF.MI is down. |
ChartMill Relative Strength | 39.94 | NEUTRAL | COMF.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of COMF.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COMF.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COMF.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.53 | NEUTRAL | The RSI value for COMF.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests COMF.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 44.17 | NEUTRAL | The Stochastics value for COMF.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for COMF.MI suggests low volalility. |
Average Directional Index/ADX (14) | 10.56 | NEGATIVE | The low ADX value for COMF.MI suggests a weak or negative trend. |
BIT:COMF (5/28/2025, 7:00:00 PM)
21.145
-0.09 (-0.45%)