AMUN GL BIO UCIT ETF-EUR C (CWE.MI) Stock Technical Analysis
BIT:CWE - Euronext Milan - LU1681046006 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to CWE. Although CWE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: CWE has an average volume of 109 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, CWE did better than 94% of all other stocks. On top of that, CWE also shows a nice and consistent pattern of rising prices.
CWE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CWE is lagging the market slightly.
In the last month CWE has a been trading in the 270.84 - 356.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CWE 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.
More info and screens
271.36
395.24
We found 3 important support areas.
- Support @286.74 from a horizontal line in the weekly time frame.
- Support @281.78 from a trend line in the daily time frame.
- Support @274.10 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 322.18 to 323.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @363.38 from a trend line in the daily time frame.
- Resistance @391.33 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CWE.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CWE.MI is down. |
| ChartMill Relative Strength | 94.13 | POSITIVE | CWE.MI has a high relative strength, it outperformed 94.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CWE.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CWE.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.39 | NEUTRAL | The RSI value for CWE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.98 | POSITIVE | The MACD value suggests CWE.MI has a positive trend. |
| Stochastics (14,3) | 75.14 | NEUTRAL | The Stochastics value for CWE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for CWE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26 | POSITIVE | The high ADX value value for CWE.MI suggests a strong 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)
BIT:CWE (6/11/2025, 7:00:00 PM)
322.17
-1.45 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.45%
1 Week10.41%
2 Weeks2.77%
1 Month-8.28%
3 Month-14.32%
6 Month-7.81%
12 Month91.15%
2 Year-9.96%
3 Year22.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.54
ATR(20)%2.86%
ATR Inc-86.84%
Range Today0
ADR(20)2.88
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.13
Mansfield-1.47
10 Day High321.22
10 Day Low270.84
20 Day High356.89
20 Day Low270.84
52 Week High429
52 Week Low136.13
CS1 End286.74
CR1 Start322.18
Volume & EV
DER(3)0%
DER(5)0%
Volume3
Volume Incr-61.04%
Vol(5)73
Vol(50)109.04