WT COPPER (COPA.MI) Stock Technical Analysis
BIT:COPA - Euronext Milan - GB00B15KXQ89 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to COPA. Both in the recent history as in the last year, COPA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: COPA has an average volume of 26850 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that COPA is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by COPA over the past year are nicely spread over this period.
COPA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so COPA is lagging the market slightly.
In the last month COPA has a been trading in the 37.26 - 43.00 range, which is quite wide. It is currently trading near the high of this range.
COPA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
34.63
43.91
4 important support areas can be observed.
- A support zone ranging from 42.09 to 42.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.44 to 39.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.27 to 36.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.98 to 35.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.48 to 43.48. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for COPA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COPA.MI is up. |
| ChartMill Relative Strength | 75.06 | POSITIVE | COPA.MI has a high relative strength, it outperformed 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COPA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COPA.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of COPA.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.88 | OVERBOUGHT | The high RSI value suggests COPA.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests COPA.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.06 | OVERBOUGHT | The high Stochastics value suggests COPA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for COPA.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for COPA.MI suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.68 | 40.84 | 1.84 (4.31%) | 23.20% |
| An entry @42.68. This is a Buy Stop order right above the resistance zone. | An exit @40.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.84 points, which is 4.31%. | For a 1.00% total portfolio risk, you can invest 23.20% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:COPA (7/22/2025, 7:00:00 PM)
42.96
+0.52 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.23%
1 Week1.32%
2 Weeks12.81%
1 Month14.64%
3 Month12.2%
6 Month15.05%
12 Month24.28%
2 Year31.72%
3 Year45.12%
5 Year91.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%2.05%
ATR Inc-43.12%
Range Today0.64
ADR(20)0.58
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.06
Mansfield0.59
10 Day High43
10 Day Low40.85
20 Day High43
20 Day Low37.26
52 Week High44.1
52 Week Low32.41
CS1 End39.42
CR1 Start42.67
Volume & EV
DER(3)0.49%
DER(5)0.29%
Volume43.77K
Volume Incr-41.89%
Vol(5)22.43K
Vol(50)26.85K