BIT:CSBGE7 - Euronext Milan - IE00B3VTML14 - ETF - Currency: EUR
Overall CSBGE7 gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CSBGE7 is a bad performer.
Although the technical rating is only medium, CSBGE7 does present a nice setup opportunity. 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 133.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 133.22, a Stop Loss order could be placed below this zone.
124.12
We found 3 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for CSBGE7.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSBGE7.MI is up. |
ChartMill Relative Strength | 38.54 | NEUTRAL | CSBGE7.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSBGE7.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSBGE7.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSBGE7.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.67 | NEUTRAL | The RSI value for CSBGE7.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CSBGE7.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 77.99 | NEUTRAL | The Stochastics value for CSBGE7.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for CSBGE7.MI suggests low volalility. |
Average Directional Index/ADX (14) | 9.18 | NEGATIVE | The low ADX value for CSBGE7.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
133.74 | 132.81 | 0.93 (0.70%) | 25.00% |
An entry @133.74. This is a Buy Stop order right above the resistance zone. | An exit @132.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.93 points, which is 0.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
BIT:CSBGE7 (8/8/2025, 7:00:00 PM)
133.25
-0.24 (-0.18%)