BIT:CORP - Euronext Milan - IE00B7J7TB45 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to CORP. CORP'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.
Although the technical rating is bad, CORP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 78.14, a Stop Loss order could be placed below this zone.
75.13
2 important support areas can be observed.
We can see 3 important resistance areas.
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 CORP.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CORP.MI is down. |
ChartMill Relative Strength | 31.13 | NEUTRAL | CORP.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CORP.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CORP.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of CORP.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.91 | NEUTRAL | The RSI value for CORP.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests CORP.MI has a positive trend. |
Stochastics (14,3) | 63.65 | NEUTRAL | The Stochastics value for CORP.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for CORP.MI suggests low volalility. |
Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for CORP.MI suggests a possible start of a new trend. |
BIT:CORP (5/30/2025, 7:00:00 PM)
78.3
+0.1 (+0.13%)