WT COPPER (COPA.MI) Stock Technical Analysis
Europe - BIT:COPA - GB00B15KXQ89 - ETF
34.865 EUR
+0.11 (+0.32%)
We assign a technical rating of 1 out of 10 to COPA. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, COPA is a bad performer in the overall market: 71% of all stocks are doing better.
COPA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
COPA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
In the last month COPA has a been trading in a tight range between 33.68 and 35.17.
Although the technical rating is bad, COPA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.46, a Stop Loss order could be placed below this zone.
More info and screens
32.59
44.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 33.59 to 34.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.92 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 34.88 to 34.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.59 from a horizontal line in the daily time frame.
- A resistance zone ranging from 43.48 to 43.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 COPA.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for COPA.MI is neutral. |
| ChartMill Relative Strength | 29.08 | NEGATIVE | COPA.MI has a low relative strength, it was outperformed by 70.92% 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) | DOWN | NEGATIVE | The current price of COPA.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COPA.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.4 | NEUTRAL | The RSI value for COPA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests COPA.MI has a positive trend. |
| Stochastics (14,3) | 72.85 | NEUTRAL | The Stochastics value for COPA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for COPA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 28.84 | 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)
BIT:COPA (9/12/2025, 7:00:00 PM)
34.865
+0.11 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.32%
1 Week2.41%
2 Weeks1.59%
1 Month2.14%
3 Month-5.95%
6 Month-13.05%
12 Month1.5%
2 Year10.88%
3 Year13.03%
5 Year52.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.02%
ATR Inc-5.86%
Range Today0.38
ADR(20)0.32
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.08
Mansfield-1.62
10 Day High35.17
10 Day Low33.97
20 Day High35.17
20 Day Low33.68
52 Week High44.75
52 Week Low33.48
CS1 End34.46
CR1 Start34.88
Volume & EV
DER(3)0%
DER(5)0%
Volume45.96K
Volume Incr19.51%
Vol(5)37.85K
Vol(50)57.86K