BIT:CAPE - Euronext Milan - LU1079842321 - ETF - Currency: EUR
Taking everything into account, CAPE scores 6 out of 10 in our technical rating. CAPE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
CAPE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 541.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 521.61, a Stop Loss order could be placed below this zone.
488.16
When analyzing the support we notice one important area.
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 |
---|---|---|---|
541.12 | 493.64 | 47.48 (8.77%) | 11.40% |
An entry @541.12. This is a Buy Stop order right above the resistance zone. | An exit @493.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 47.48 points, which is 8.77%. | When investing 11.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
BIT:CAPE (3/6/2025, 7:00:00 PM)
530.6
-9.8 (-1.81%)