BIT:COMF - Euronext Milan - IE00B4WPHX27 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to COMF. COMF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 a support zone below the current price at 20.66, a Stop Loss order could be placed below this zone.
19.29
We found 2 important support areas.
When analyzing the resistance we notice 4 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 | 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 | 35.15 | NEUTRAL | COMF.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COMF.MI is below 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) | 40.94 | NEUTRAL | The RSI value for COMF.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests COMF.MI has a negative trend. |
Stochastics (14,3) | 31.64 | NEUTRAL | The Stochastics value for COMF.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for COMF.MI suggests low volalility. |
Average Directional Index/ADX (14) | 11.46 | NEGATIVE | The low ADX value for COMF.MI suggests a weak or negative trend. |
BIT:COMF (8/4/2025, 7:00:00 PM)
20.675
-0.29 (-1.38%)