WT CORN (CORN.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:CORN - JE00BN7KB441 - ETF
Taking everything into account, CORN scores 1 out of 10 in our technical rating. CORN'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.
CORN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
14.58
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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.21 to 16.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.65 to 16.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.10 to 21.23. 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 | NEUTRAL | NEUTRAL | The short term trend for CORN.MI is neutral. |
| ChartMill Relative Strength | 16.96 | NEGATIVE | CORN.MI has a low relative strength, it was outperformed by 83.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CORN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CORN.MI is above 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) | 51.33 | NEUTRAL | The RSI value for CORN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CORN.MI has a negative trend. |
| Stochastics (14,3) | 27.92 | NEUTRAL | The Stochastics value for CORN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for CORN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for CORN.MI suggests a weak or negative trend. |
BIT:CORN (12/22/2025, 7:00:00 PM)
16.18
+0.01 (+0.04%)
WT CORN / CORN.MI FAQ
What is the technical rating for CORN stock?
ChartMill assigns a technical rating of 1 / 10 to CORN.MI.
Can you provide the trend direction for WT CORN?
The current trend direction for WT CORN (CORN.MI) is Bearish.
What is the RSI signal for WT CORN (CORN.MI) stock?
WT CORN (CORN.MI) has an RSI value of 51.3335. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for WT CORN?
WT CORN (CORN.MI) has a support level at 14.73 and a resistance level at 16.21. Check the full technical report for our detailed analysis of CORN.MI support and resistance levels.