WT COPPER (COPA.MI) Stock Technical Analysis
BIT:COPA - Euronext Milan - GB00B15KXQ89 - ETF - Currency: EUR
Overall COPA gets a technical rating of 1 out of 10. COPA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
66% of all other stocks performed better in the past year than COPA.
Warning: COPA has an average volume of 21768 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month COPA has a been trading in the 35.52 - 38.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
COPA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so COPA is lagging the market slightly.
COPA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 36.98. Right above this resistance zone may be a good entry point.
More info and screens
32.58
41.82
We found 3 important support areas.
- Support @36.14 from a trend line in the weekly time frame.
- A support zone ranging from 34.35 to 35.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.91 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 36.98 to 38.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.41 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for COPA.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COPA.MI is neutral. |
| ChartMill Relative Strength | 34.2 | NEUTRAL | COPA.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COPA.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COPA.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of COPA.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.28 | NEUTRAL | The RSI value for COPA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests COPA.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.1 | NEUTRAL | The Stochastics value for COPA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for COPA.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.44 | NEUTRAL | The ADX value for COPA.MI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:COPA (5/28/2025, 7:00:00 PM)
36.88
-0.41 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.1%
1 Week-0.18%
2 Weeks1.7%
1 Month-2.33%
3 Month-5.41%
6 Month4.97%
12 Month-2.52%
2 Year21.66%
3 Year5.22%
5 Year87.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%2.34%
ATR Inc-32.7%
Range Today0.6
ADR(20)0.65
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.2
Mansfield-0.14
10 Day High37.67
10 Day Low35.76
20 Day High38.8
20 Day Low35.52
52 Week High44.1
52 Week Low32.41
CS1 End36.14
CR1 Start36.98
Volume & EV
DER(3)0%
DER(5)0%
Volume12.09K
Volume Incr33.27%
Vol(5)15.70K
Vol(50)21.77K