WT COTTON (COTN.MI) Stock Technical Analysis
BIT:COTN - Euronext Milan - GB00B15KXT11 - ETF - Currency: EUR
Taking everything into account, COTN scores 0 out of 10 in our technical rating. COTN'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, COTN is a bad performer in the overall market: 92% of all stocks are doing better.
COTN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month COTN has a been trading in the 1.96 - 2.21 range, which is quite wide. It is currently trading near the lows of this range.
Warning: COTN has an average volume of 24325 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, COTN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.97, a Stop Loss order could be placed below this zone.
More info and screens
1.95
2.46
When analyzing the support we notice one important area.
- A support zone ranging from 1.97 to 1.97. 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 1.98 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.16 to 2.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.44 from a trend line in the weekly time frame.
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 COTN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COTN.MI is down. |
| ChartMill Relative Strength | 8.69 | NEGATIVE | COTN.MI has a low relative strength, it was outperformed by 91.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COTN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COTN.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COTN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.72 | NEUTRAL | The RSI value for COTN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests COTN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.3 | OVERSOLD | The low Stochastics value suggests COTN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for COTN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.2 | NEUTRAL | The ADX value for COTN.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:COTN (8/8/2025, 7:00:00 PM)
1.9812
-0.02 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.85%
1 Week-1.6%
2 Weeks-2.43%
1 Month-3.8%
3 Month-15.22%
6 Month-19.95%
12 Month-28.05%
2 Year-34.83%
3 Year-50.74%
5 Year22.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%2.1%
ATR Inc-23.01%
Range Today0.02
ADR(20)0.02
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.69
Mansfield-3.43
10 Day High2.06
10 Day Low1.96
20 Day High2.21
20 Day Low1.96
52 Week High3.39
52 Week Low1.96
CS1 End1.97
CR1 Start1.98
Volume & EV
DER(3)-23.72%
DER(5)-28.56%
Volume18.27K
Volume Incr26.26%
Vol(5)27.44K
Vol(50)24.33K