WT CORN (CORN.MI) Stock Technical Analysis
Europe - BIT:CORN - JE00BN7KB441 - ETF
15.58 EUR
-0.04 (-0.24%)
We assign a technical rating of 2 out of 10 to CORN. 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.
Warning: CORN has an average volume of 3546 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CORN has a been trading in the 14.75 - 16.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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 10 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.
Volume is considerably higher in the last couple of days.
CORN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.81. Right above this resistance zone may be a good entry point.
More info and screens
14.58
21.74
We found 1 important support area.
- A support zone ranging from 14.73 to 14.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.81 to 15.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.47 to 21.52. 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 CORN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CORN.MI is down. |
| ChartMill Relative Strength | 99.54 | POSITIVE | CORN.MI has a high relative strength, it outperformed 99.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CORN.MI is above 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) | 42.08 | NEUTRAL | The RSI value for CORN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CORN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.75 | NEUTRAL | The Stochastics value for CORN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for CORN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 29.78 | 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 (9/11/2025, 7:00:00 PM)
15.58
-0.04 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.24%
1 Week1.34%
2 Weeks1%
1 Month-1.83%
3 Month-11.73%
6 Month-23.44%
12 Month1381.55%
2 Year1357.44%
3 Year1067.57%
5 Year2853.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.93%
ATR Inc-30.63%
Range Today0.14
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
CRS99.54
Mansfield-1.92
10 Day High15.82
10 Day Low14.75
20 Day High16.24
20 Day Low14.75
52 Week High23.17
52 Week Low1.05
CS1 End14.73
CR1 Start15.81
Volume & EV
DER(3)0%
DER(5)0%
Volume7.36K
Volume Incr357.32%
Vol(5)14.54K
Vol(50)3.55K