WT COTTON (COTN.MI) Stock Technical Analysis
BIT:COTN - Euronext Milan - GB00B15KXT11 - ETF - Currency: EUR
Overall COTN gets a technical rating of 0 out of 10. COTN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than COTN.
COTN is currently trading near the lower end of its 52 week range, which is not a good sign. COTN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
COTN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: COTN has an average volume of 24257 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
COTN has a poor technical rating and the quality of the setup is also only medium 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
2.03
2.61
When analyzing the support we notice one important area.
- A support zone ranging from 2.05 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.14 to 2.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.23 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.48 from a horizontal line in the daily time frame.
- Resistance @2.58 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.3
Mansfield-2.61
10 Day High2.29
10 Day Low2.04
20 Day High2.34
20 Day Low2.04
52 Week High3.39
52 Week Low2.04
Performance
1 Week-2.57%
2 Weeks-4.67%
1 Month-11.16%
3 Month-14.7%
6 Month-17.33%
12 Month-23.93%
2 Year-21.53%
3 Year-46.36%
5 Year22.88%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)38.29
LBB2.04
UBB2.28
BIT:COTN (4/29/2025, 7:00:00 PM)
2.0825
-0.08 (-3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.54%
1 Week-2.57%
2 Weeks-4.67%
1 Month-11.16%
3 Month-14.7%
6 Month-17.33%
12 Month-23.93%
2 Year-21.53%
3 Year-46.36%
5 Year22.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%2.8%
ATR Inc6.07%
Range Today0.03
ADR(20)0.04
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.3
Mansfield-2.61
10 Day High2.29
10 Day Low2.04
20 Day High2.34
20 Day Low2.04
52 Week High3.39
52 Week Low2.04
CS1 End2.07
CR1 Start2.14
Volume & EV
DER(3)-14.39%
DER(5)-25.83%
Volume29.30K
Volume Incr-4.16%
Vol(5)27.15K
Vol(50)24.26K