WT CORN (CORN.MI) Stock Technical Analysis
BIT:CORN - Euronext Milan - JE00BN7KB441 - ETF - Currency: EUR
Taking everything into account, CORN scores 2 out of 10 in our technical rating. Although CORN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month CORN has a been trading in the 15.71 - 19.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CORN has an average volume of 3075 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that CORN is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CORN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CORN is lagging the market.
The technical rating of CORN is bad and it also does not present a 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
15.61
21.90
We found 1 important support area.
- A support zone ranging from 15.77 to 15.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @18.41 from a horizontal line in the daily time frame.
- Resistance @21.68 from a trend 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 | DOWN | NEGATIVE | The long term trend for CORN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CORN.MI is down. |
| ChartMill Relative Strength | 99.32 | POSITIVE | CORN.MI has a high relative strength, it outperformed 99.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CORN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CORN.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CORN.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.5 | NEUTRAL | The RSI value for CORN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CORN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.2 | OVERSOLD | The low Stochastics value suggests CORN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CORN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.71 | POSITIVE | The high ADX value value for CORN.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:CORN (7/17/2025, 7:00:00 PM)
16.084
+0.3 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.91%
1 Week-2.49%
2 Weeks-8.62%
1 Month-14.88%
3 Month-15.39%
6 Month-11.56%
12 Month1366.45%
2 Year1272.82%
3 Year1176.31%
5 Year2911.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.36%
ATR Inc-14.04%
Range Today0.02
ADR(20)0.16
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.32
Mansfield-0.24
10 Day High17.5
10 Day Low15.71
20 Day High19
20 Day Low15.71
52 Week High23.17
52 Week Low1.02
CS1 End15.77
CR1 Start18.41
Volume & EV
DER(3)0%
DER(5)0%
Volume523
Volume Incr123.57%
Vol(5)3.90K
Vol(50)3.08K