BIT:CSPXJ - Euronext Milan - IE00B52MJY50 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to CSPXJ. CSPXJ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, CSPXJ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 177.10. Right above this resistance zone may be a good entry point.
149.08
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 CSPXJ.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSPXJ.MI is up. |
ChartMill Relative Strength | 60.17 | NEUTRAL | CSPXJ.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSPXJ.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSPXJ.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSPXJ.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 61.28 | NEUTRAL | The RSI value for CSPXJ.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CSPXJ.MI has a negative trend. |
Stochastics (14,3) | 87.19 | OVERBOUGHT | The high Stochastics value suggests CSPXJ.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for CSPXJ.MI suggests low volalility. |
Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for CSPXJ.MI suggests a possible start of a new 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 |
---|---|---|---|
178.01 | 175.26 | 2.75 (1.54%) | 25.00% |
An entry @178.01. This is a Buy Stop order right above the 10 day high. | An exit @175.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.75 points, which is 1.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
BIT:CSPXJ (5/30/2025, 7:00:00 PM)
176.54
-0.39 (-0.22%)