WT COPPER (COPA.MI) Stock Technical Analysis
BIT:COPA - Euronext Milan - GB00B15KXQ89 - ETF - Currency: EUR
Overall COPA gets a technical rating of 2 out of 10. COPA'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.
73% of all other stocks performed better in the past year than COPA.
In the last month COPA has a been trading in the 36.15 - 39.25 range, which is quite wide. It is currently trading near the lows of this range.
Warning: COPA has an average volume of 18350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
Considerably lower volume is observed in the last couple of days.
COPA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 36.39, a Stop Loss order could be placed below this zone.
More info and screens
32.58
41.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.27 to 36.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.34 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.41 to 37.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.22 to 38.72. This zone is formed by a combination of multiple trend lines 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 | 27.96 | NEGATIVE | COPA.MI has a low relative strength, it was outperformed by 72.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of COPA.MI is below 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) | UP | POSITIVE | The current price of COPA.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.54 | NEUTRAL | The RSI value for COPA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests COPA.MI has a negative trend. |
| Stochastics (14,3) | 28.61 | NEUTRAL | The Stochastics value for COPA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for COPA.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.75 | NEGATIVE | The low ADX value for COPA.MI suggests a weak or negative 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 (6/20/2025, 9:36:38 AM)
37.015
-0.3 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week-0.58%
2 Weeks-4.37%
1 Month0.39%
3 Month-12.36%
6 Month4.9%
12 Month-0.66%
2 Year21.02%
3 Year16.99%
5 Year70.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%1.93%
ATR Inc-58.62%
Range Today0
ADR(20)0.54
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.96
Mansfield-0.29
10 Day High38.68
10 Day Low36.6
20 Day High39.25
20 Day Low36.15
52 Week High44.1
52 Week Low32.41
CS1 End36.39
CR1 Start37.41
Volume & EV
DER(3)0%
DER(5)0%
Volume363
Volume Incr-42.21%
Vol(5)11.16K
Vol(50)18.35K