EPA:CHM - Euronext Paris - Matif - LU1834983634 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to CHM. In the past year, CHM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, CHM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 166.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 161.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
143.33
3 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 |
---|---|---|---|
166.53 | 157.65 | 8.88 (5.33%) | 18.75% |
An entry @166.53. This is a Buy Stop order right above the resistance zone. | An exit @157.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.88 points, which is 5.33%. | When investing 18.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
EPA:CHM (3/7/2025, 7:00:00 PM)
164.576
-0.7 (-0.43%)