AM MSCI CH ESG LEAD SELECT C (CNEG.PA) Stock Technical Analysis
EPA:CNEG - Euronext Paris - Matif - LU2343997487 - ETF - Currency: EUR
Taking everything into account, CNEG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNEG is showing a nice and steady performance.
Warning: CNEG has an average volume of 1530 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CNEG is one of the better performing stocks in the market, outperforming 92% of all stocks.
CNEG is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
CNEG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CNEG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.91, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.26
35.58
When analyzing the support we can see 6 important areas.
- A support zone ranging from 33.75 to 33.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.78 to 32.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.93 from a horizontal line in the daily time frame.
- Support @25.14 from a trend line in the daily time frame.
- Support @24.74 from a trend line in the weekly time frame.
- Support @23.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.05 to 35.23. 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
CRS92.9
Mansfield1.9
10 Day High35.32
10 Day Low33.83
20 Day High35.32
20 Day Low31.42
52 Week High35.32
52 Week Low22.76
Performance
1 Week0.19%
2 Weeks1.77%
1 Month7.09%
3 Month15.68%
6 Month39.5%
12 Month38.77%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.07
RSI(14)60.61
LBB33.35
UBB35.32
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 |
|---|---|---|---|
| 35.24 | 33.82 | 1.42 (4.03%) | 24.83% |
| An entry @35.24. This is a Buy Stop order right above the resistance zone. | An exit @33.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.42 points, which is 4.03%. | For a 1.00% total portfolio risk, you can invest 24.83% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:CNEG (3/7/2025, 7:00:00 PM)
34.625
+0.49 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.44%
1 Week0.19%
2 Weeks1.77%
1 Month7.09%
3 Month15.68%
6 Month39.5%
12 Month38.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%1.89%
ATR Inc-20.92%
Range Today0.18
ADR(20)0.22
ADR(20)%0.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.9
Mansfield1.9
10 Day High35.32
10 Day Low33.83
20 Day High35.32
20 Day Low31.42
52 Week High35.32
52 Week Low22.76
CS1 End33.91
CR1 Start35.05
Volume & EV
DER(3)0%
DER(5)0%
Volume6.56K
Volume Incr20.2%
Vol(5)1.68K
Vol(50)1.53K