ISHARES SMART CITY INFR USDD (CT2B.AS) Stock Technical Analysis
AMS:CT2B - Euronext Amsterdam - IE00BKTLJB70 - ETF - Currency: USD
Overall CT2B gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CT2B has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: CT2B has an average volume of 9345 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CT2B is one of the better performing stocks in the market, outperforming 83% of all stocks.
CT2B is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CT2B is leading the market.
CT2B is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CT2B has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.55
8.05
We found 4 important support areas.
- A support zone ranging from 7.73 to 7.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.38 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.80 from a trend line in the weekly time frame.
- Support @6.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.91 to 7.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CT2B.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CT2B.AS is up. |
| ChartMill Relative Strength | 83.18 | POSITIVE | CT2B.AS has a high relative strength, it outperformed 83.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CT2B.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CT2B.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CT2B.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.83 | NEUTRAL | The RSI value for CT2B.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CT2B.AS has a negative trend. |
| Stochastics (14,3) | 78.09 | NEUTRAL | The Stochastics value for CT2B.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for CT2B.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 20.78 | NEUTRAL | The ADX value for CT2B.AS 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)
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 |
|---|---|---|---|
| 7.98 | 7.72 | 0.26 (3.24%) | 25.00% |
| An entry @7.98. This is a Buy Stop order right above the resistance zone. | An exit @7.72. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.26 points, which is 3.24%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:CT2B (6/2/2025, 7:00:00 PM)
7.8936
+0.01 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.16%
1 Week0.37%
2 Weeks-0.16%
1 Month6.9%
3 Month8.35%
6 Month1.98%
12 Month12.45%
2 Year22.48%
3 Year45.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.95%
ATR Inc-70.29%
Range Today0
ADR(20)0.04
ADR(20)%0.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.18
Mansfield0.33
10 Day High7.96
10 Day Low7.73
20 Day High7.96
20 Day Low7.39
52 Week High7.96
52 Week Low6.29
CS1 End7.81
CR1 Start7.91
Volume & EV
DER(3)0%
DER(5)0%
Volume242
Volume Incr3.19%
Vol(5)5.27K
Vol(50)9.35K