BIT:CY4 - Euronext Milan - IT0005412504 - Common Stock - Currency: EUR
Overall CY4 gets a technical rating of 7 out of 10. CY4 has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although CY4 has an excellent technical rating, it 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.
5.36
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 CY4.MI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CY4.MI is up. |
ChartMill Relative Strength | 76.69 | POSITIVE | CY4.MI has a high relative strength, it outperformed 76.69% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CY4.MI is above the rising 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) | 80.1 | OVERBOUGHT | The high RSI value suggests CY4.MI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CY4.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.7 | OVERBOUGHT | The high Stochastics value suggests CY4.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CY4.MI suggests some volalility. |
Average Directional Index/ADX (14) | 36.36 | POSITIVE | The high ADX value value for CY4.MI suggests a strong trend. |
BIT:CY4 (5/30/2025, 9:41:49 AM)
5.41
+0.18 (+3.44%)