INVESCO BLOOMBERG COMMODITY (CMOD.MI) Stock Technical Analysis
BIT:CMOD - Euronext Milan - IE00BD6FTQ80 - ETF - Currency: EUR
Overall CMOD gets a technical rating of 1 out of 10. CMOD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CMOD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: CMOD has an average volume of 21542 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, CMOD turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
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.
Although the technical rating is bad, CMOD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.12, a Stop Loss order could be placed below this zone.
More info and screens
19.31
24.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.79 to 21.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 3 important areas.
- Resistance @21.41 from a horizontal line in the daily time frame.
- A resistance zone ranging from 22.66 to 22.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.02 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
CRS40.37
Mansfield0.07
10 Day High21.68
10 Day Low20.48
20 Day High23.35
20 Day Low20.48
52 Week High24.36
52 Week Low19.35
Performance
1 Week1.24%
2 Weeks0.45%
1 Month-7.13%
3 Month-7.41%
6 Month-0.49%
12 Month-2.27%
2 Year4.18%
3 Year-17.5%
5 Year84.31%
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)0.01
RSI(14)37.39
LBB20.58
UBB21.9
BIT:CMOD (4/25/2025, 7:00:00 PM)
21.31
+0.03 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week1.24%
2 Weeks0.45%
1 Month-7.13%
3 Month-7.41%
6 Month-0.49%
12 Month-2.27%
2 Year4.18%
3 Year-17.5%
5 Year84.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%1.81%
ATR Inc-65.64%
Range Today0.13
ADR(20)0.29
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.37
Mansfield0.07
10 Day High21.68
10 Day Low20.48
20 Day High23.35
20 Day Low20.48
52 Week High24.36
52 Week Low19.35
CS1 End21.12
CR1 Start21.41
Volume & EV
DER(3)0%
DER(5)0%
Volume6.51K
Volume Incr-64.42%
Vol(5)9.61K
Vol(50)21.54K