GX COPPER MINERS UCITS (COPX.MI) Stock Technical Analysis
BIT:COPX - Euronext Milan - IE0003Z9E2Y3 - ETF - Currency: EUR
Overall COPX gets a technical rating of 4 out of 10. COPX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: COPX has an average volume of 5210 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month COPX has a been trading in the 21.18 - 27.88 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, COPX outperforms 57% of them, which is more or less in line with the market.
COPX 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 COPX is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
COPX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.05
30.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.45 to 27.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.48 to 26.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @27.79 from a horizontal line in the weekly time frame.
- Resistance @29.19 from a trend line in the daily time frame.
- Resistance @29.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 30.41 to 30.54. 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 | NEUTRAL | NEUTRAL | The long term trend for COPX.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COPX.MI is up. |
| ChartMill Relative Strength | 57.25 | NEUTRAL | COPX.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of COPX.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of COPX.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of COPX.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.08 | NEUTRAL | The RSI value for COPX.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests COPX.MI has a positive trend. |
| Stochastics (14,3) | 95.45 | OVERBOUGHT | The high Stochastics value suggests COPX.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for COPX.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.3 | NEGATIVE | The low ADX value for COPX.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:COPX (5/27/2025, 7:00:00 PM)
27.775
+0.07 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week6.28%
2 Weeks8.86%
1 Month0.13%
3 Month-4.36%
6 Month-11.56%
12 Month11.17%
2 Year11.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%3.82%
ATR Inc-23.61%
Range Today0.34
ADR(20)0.71
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.25
Mansfield-0.89
10 Day High27.88
10 Day Low24.92
20 Day High27.88
20 Day Low21.19
52 Week High35.69
52 Week Low21.19
CS1 End27.68
CR1 Start27.79
Volume & EV
DER(3)0%
DER(5)0%
Volume4.30K
Volume Incr-80.66%
Vol(5)1.43K
Vol(50)5.21K