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.
In the last month CORN has a been trading in the 17.07 - 19.58 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CORN has an average volume of 3096 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CORN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CORN is performing more or less in line with the market.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, CORN did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
The technical rating of CORN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.88
19.85
When analyzing the support we notice one important area.
- A support zone ranging from 17.05 to 17.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.51 to 19.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for CORN.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CORN.MI is down. |
| ChartMill Relative Strength | 99.43 | POSITIVE | CORN.MI has a high relative strength, it outperformed 99.43% 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) | 31.46 | NEUTRAL | The RSI value for CORN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CORN.MI has a negative trend. |
| Stochastics (14,3) | 4.67 | OVERSOLD | The low Stochastics value suggests CORN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CORN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for CORN.MI suggests a possible start of a new 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 (6/11/2025, 7:00:00 PM)
17.062
-0.29 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.67%
1 Week-5.98%
2 Weeks-9.19%
1 Month-12.04%
3 Month-21.59%
6 Month-7.06%
12 Month1279.97%
2 Year1369.34%
3 Year1163.85%
5 Year3030.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.21%
ATR Inc-17.68%
Range Today0.25
ADR(20)0.18
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.43
Mansfield1.35
10 Day High18.47
10 Day Low17.07
20 Day High19.58
20 Day Low17.07
52 Week High23.17
52 Week Low1.02
CS1 End17.05
CR1 Start19.51
Volume & EV
DER(3)0%
DER(5)0%
Volume707
Volume Incr-47.71%
Vol(5)950.2
Vol(50)3.10K