AM MSCI USA DAILY 2X ETF ACC (CL2.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:CL2 - FR0010755611 - ETF
Overall CL2 gets a technical rating of 7 out of 10. Although CL2 has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although CL2 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.
More info and screens
17.45
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.79 to 24.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.63 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.00 to 26.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CL2.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CL2.MI is neutral. |
| ChartMill Relative Strength | 80.46 | POSITIVE | CL2.MI has a high relative strength, it outperformed 80.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CL2.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CL2.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CL2.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.7 | NEUTRAL | The RSI value for CL2.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CL2.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.67 | NEUTRAL | The Stochastics value for CL2.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for CL2.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for CL2.MI suggests a strong trend. |
BIT:CL2 (12/8/2025, 7:00:00 PM)
25.42
+0.25 (+0.99%)
AM MSCI USA DAILY 2X ETF ACC / CL2.MI FAQ
What is the ChartMill technical rating of AM MSCI USA DAILY 2X ETF ACC (CL2.MI) stock?
ChartMill assigns a technical rating of 7 / 10 to CL2.MI.
Can you provide the trend direction for AM MSCI USA DAILY 2X ETF ACC?
The current trend direction for AM MSCI USA DAILY 2X ETF ACC (CL2.MI) is Bearish.
Can you provide the RSI signal for AM MSCI USA DAILY 2X ETF ACC?
AM MSCI USA DAILY 2X ETF ACC (CL2.MI) has an RSI value of 58.6967. This indicates that the stock is currently neutral.
What is the MACD signal for CL2 stock?
The MACD indicator for AM MSCI USA DAILY 2X ETF ACC (CL2.MI) has a value of -0.140787, indicating a bearish trend.
Can you provide the short term momentum for AM MSCI USA DAILY 2X ETF ACC?
The short term momentum for AM MSCI USA DAILY 2X ETF ACC (CL2.MI) is neutral.