BIT:CSNDX - Euronext Milan - IE00B53SZB19 - ETF - Currency: EUR
Overall CSNDX gets a technical rating of 6 out of 10. CSNDX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CSNDX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1062.19, a Stop Loss order could be placed below this zone.
909.43
3 important support areas can be observed.
2 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 | NEUTRAL | NEUTRAL | The long term trend for CSNDX.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSNDX.MI is up. |
ChartMill Relative Strength | 55.94 | NEUTRAL | CSNDX.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSNDX.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSNDX.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of CSNDX.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.86 | NEUTRAL | The RSI value for CSNDX.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.34 | NEGATIVE | The MACD value suggests CSNDX.MI has a negative trend. |
Stochastics (14,3) | 61.24 | NEUTRAL | The Stochastics value for CSNDX.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for CSNDX.MI suggests low volalility. |
Average Directional Index/ADX (14) | 14.95 | NEGATIVE | The low ADX value for CSNDX.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 |
---|---|---|---|
1,076.59 | 1,046.43 | 30.16 (2.80%) | 25.00% |
An entry @1076.59. This is a Buy Stop order right above the resistance zone. | An exit @1046.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 30.16 points, which is 2.80%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:CSNDX (5/30/2025, 7:00:00 PM)
1073.25
-4.77 (-0.44%)