INVESCO BLOOMBERG COMMODITY (CMOD.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:CMOD - IE00BD6FTQ80 - ETF
Taking everything into account, CMOD scores 4 out of 10 in our technical rating. 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.
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
20.20
We found 1 important support area.
- A support zone ranging from 20.40 to 21.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.47 to 22.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.31 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for CMOD.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMOD.MI is down. |
| ChartMill Relative Strength | 47.03 | NEUTRAL | CMOD.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMOD.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CMOD.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CMOD.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.14 | NEUTRAL | The RSI value for CMOD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CMOD.MI has a negative trend. |
| Stochastics (14,3) | 18.22 | OVERSOLD | The low Stochastics value suggests CMOD.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for CMOD.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for CMOD.MI suggests a weak or negative trend. |
BIT:CMOD (12/15/2025, 7:00:00 PM)
22.335
-0.14 (-0.65%)
INVESCO BLOOMBERG COMMODITY / CMOD.MI FAQ
Can you provide the ChartMill technical rating for INVESCO BLOOMBERG COMMODITY?
ChartMill assigns a technical rating of 4 / 10 to CMOD.MI.
What is the current trend direction of INVESCO BLOOMBERG COMMODITY (CMOD.MI) stock?
The current trend direction for INVESCO BLOOMBERG COMMODITY (CMOD.MI) is Bullish.
What is the RSI signal for INVESCO BLOOMBERG COMMODITY (CMOD.MI) stock?
INVESCO BLOOMBERG COMMODITY (CMOD.MI) has an RSI value of 43.1439. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INVESCO BLOOMBERG COMMODITY?
The MACD indicator for INVESCO BLOOMBERG COMMODITY (CMOD.MI) has a value of -0.0826399, indicating a bearish trend.
What are the support and resistance levels for INVESCO BLOOMBERG COMMODITY (CMOD.MI) stock?
INVESCO BLOOMBERG COMMODITY (CMOD.MI) has a support level at 21.13 and a resistance level at 22.47. Check the full technical report for our detailed analysis of CMOD.MI support and resistance levels.