BIT:CW8 - Euronext Milan - LU1681043599 - ETF - Currency: EUR
Overall CW8 gets a technical rating of 5 out of 10. In the past year, CW8 was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
CW8 has an average technical rating and it also does not offer a high quality setup 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.
475.13
We found 1 important support area.
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 | NEUTRAL | NEUTRAL | The long term trend for CW8.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CW8.MI is up. |
ChartMill Relative Strength | 57.8 | NEUTRAL | CW8.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of CW8.MI is below 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 | MIXED | The current price of CW8.MI is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.69 | NEUTRAL | The RSI value for CW8.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.03 | NEGATIVE | The MACD value suggests CW8.MI has a negative trend. |
Stochastics (14,3) | 42.42 | NEUTRAL | The Stochastics value for CW8.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for CW8.MI suggests low volalility. |
Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for CW8.MI suggests a weak or negative trend. |
BIT:CW8 (6/19/2025, 7:00:00 PM)
538.34
-4.41 (-0.81%)