AMUNDI MSCI WORLD UCITS-EUR (CW8.MI) Stock Technical Analysis
BIT:CW8 - Euronext Milan - LU1681043599 - ETF - Currency: EUR
Taking everything into account, CW8 scores 7 out of 10 in our technical rating. In the last year, CW8 was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: CW8 has an average volume of 1086 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CW8 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CW8 is lagging the market slightly.
When comparing the performance of all stocks over the past year, CW8 turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
In the last month CW8 has a been trading in a tight range between 537.74 and 557.22.
Considerably lower volume is observed in the last couple of days.
Although CW8 has an excellent technical rating, the quality of the presented setup is not ideal 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
475.13
601.24
3 important support areas can be observed.
- A support zone ranging from 529.67 to 551.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @498.93 from a trend line in the weekly time frame.
- A support zone ranging from 479.93 to 487.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 590.01 to 595.29. This zone is formed by a combination of multiple trend lines 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 CW8.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CW8.MI is up. |
| ChartMill Relative Strength | 58.64 | NEUTRAL | CW8.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CW8.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CW8.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CW8.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.03 | NEUTRAL | The RSI value for CW8.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests CW8.MI has a positive trend. |
| Stochastics (14,3) | 95.26 | OVERBOUGHT | The high Stochastics value suggests CW8.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for CW8.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for CW8.MI suggests a weak or negative 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 |
|---|---|---|---|
| 557.23 | 544.08 | 13.15 (2.36%) | 25.00% |
| An entry @557.23. This is a Buy Stop order right above the 10 day high. | An exit @544.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 13.15 points, which is 2.36%. | For a 0.59% 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.
BIT:CW8 (7/15/2025, 7:00:00 PM)
557.01
+2.96 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.53%
1 Week1.43%
2 Weeks1.72%
1 Month1.89%
3 Month14.31%
6 Month-4.58%
12 Month7.14%
2 Year28.4%
3 Year39.72%
5 Year91.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.67
ATR(20)%0.65%
ATR Inc10.16%
Range Today1.32
ADR(20)2.35
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.64
Mansfield-0.48
10 Day High557.22
10 Day Low544.09
20 Day High557.22
20 Day Low537.74
52 Week High595.79
52 Week Low453.41
CS1 End551.29
CR1 Start590.01
Volume & EV
DER(3)0%
DER(5)0%
Volume122
Volume Incr23.09%
Vol(5)468.4
Vol(50)1.09K