BIT:C50 - Euronext Milan - LU1681047236 - ETF - Currency: EUR
Taking everything into account, C50 scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, C50 has proven to be a steady performer, scoring decent points in every aspect analyzed.
C50 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 140.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 138.94, a Stop Loss order could be placed below this zone.
119.36
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
141.88 | 138.82 | 3.06 (2.16%) | 25.00% |
An entry @141.88. This is a Buy Stop order right above the resistance zone. | An exit @138.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.06 points, which is 2.16%. | For a 0.54% total portfolio risk, you can invest 25.00% of your capital in this trade. |
BIT:C50 (3/7/2025, 7:00:00 PM)
139.78
-1.46 (-1.03%)