BIT:CSBGU3 - Euronext Milan - IE00B3VWN179 - ETF - Currency: EUR
Overall CSBGU3 gets a technical rating of 1 out of 10. CSBGU3 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CSBGU3 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 104.91, a Stop Loss order could be placed below this zone.
99.98
We found 2 important support areas.
3 important resistance areas can be observed.
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 CSBGU3.MI is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CSBGU3.MI is neutral. |
ChartMill Relative Strength | 28.59 | NEGATIVE | CSBGU3.MI has a low relative strength, it was outperformed by 71.41% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSBGU3.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CSBGU3.MI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CSBGU3.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.5 | NEUTRAL | The RSI value for CSBGU3.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CSBGU3.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 51.9 | NEUTRAL | The Stochastics value for CSBGU3.MI is a neutral value. |
Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for CSBGU3.MI suggests low volalility. |
Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for CSBGU3.MI suggests a weak or negative trend. |
BIT:CSBGU3 (8/8/2025, 7:00:00 PM)
104.97
-0.35 (-0.33%)