INVESCO BLOOMBERG COMMODITY (CMOD.MI) Stock Technical Analysis
BIT:CMOD - Euronext Milan - IE00BD6FTQ80 - ETF - Currency: EUR
Overall CMOD gets a technical rating of 4 out of 10. In the last year, CMOD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month CMOD has a been trading in the 22.48 - 24.36 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CMOD has an average volume of 23776 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, CMOD outperforms 63% of them, which is more or less in line with the market.
CMOD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
CMOD has an average technical rating and it also 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
19.31
24.58
5 important support areas can be observed.
- Support @22.35 from a trend line in the daily time frame.
- Support @21.28 from a horizontal line in the daily time frame.
- Support @20.91 from a horizontal line in the daily time frame.
- Support @20.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 19.50 to 19.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.89 to 23.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.11 to 24.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.07
Mansfield0.18
10 Day High23.83
10 Day Low22.49
20 Day High24.36
20 Day Low22.49
52 Week High24.36
52 Week Low19.35
Performance
1 Week-2.5%
2 Weeks-5.95%
1 Month-4.25%
3 Month4.5%
6 Month12.96%
12 Month14.41%
2 Year8.86%
3 Year-4.37%
5 Year81.84%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.18
RSI(14)35.89
LBB22.37
UBB24.53
BIT:CMOD (3/7/2025, 7:00:00 PM)
22.665
+0.02 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week-2.5%
2 Weeks-5.95%
1 Month-4.25%
3 Month4.5%
6 Month12.96%
12 Month14.41%
2 Year8.86%
3 Year-4.37%
5 Year81.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.3%
ATR Inc-39.42%
Range Today0.24
ADR(20)0.25
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.07
Mansfield0.18
10 Day High23.83
10 Day Low22.49
20 Day High24.36
20 Day Low22.49
52 Week High24.36
52 Week Low19.35
CS1 End22.35
CR1 Start22.89
Volume & EV
DER(3)0%
DER(5)0%
Volume18.32K
Volume Incr-31.05%
Vol(5)14.60K
Vol(50)23.78K