BIT:CY4 - Euronext Milan - IT0005412504 - Common Stock - Currency: EUR
Overall CY4 gets a technical rating of 6 out of 10. CY4 has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, CY4 does present a nice setup opportunity. 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 support zone below the current price at 4.92, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
4.76
We found 1 important support area.
When analyzing the resistance we notice 3 important 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 CY4.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CY4.MI is neutral. |
ChartMill Relative Strength | 44.18 | NEUTRAL | CY4.MI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CY4.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CY4.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CY4.MI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.61 | NEUTRAL | The RSI value for CY4.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CY4.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 32.63 | NEUTRAL | The Stochastics value for CY4.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for CY4.MI suggests some volalility. |
Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for CY4.MI suggests a weak or negative 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 |
---|---|---|---|
5.02 | 4.81 | 0.21 (4.28%) | 23.35% |
An entry @5.02. This is a Buy Stop order right above the resistance zone. | An exit @4.81. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 4.28%. | For a 1.00% total portfolio risk, you can invest 23.35% of your capital in this trade. |
BIT:CY4 (7/21/2025, 7:00:00 PM)
4.955
+0.06 (+1.27%)