WT COTTON (COTN.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:COTN - GB00B15KXT11 - ETF
Overall COTN gets a technical rating of 0 out of 10. COTN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
COTN has a poor technical rating and the quality of the setup is also not perfect 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
1.86
When analyzing the support we notice one important area.
- A support zone ranging from 1.88 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.90 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.04 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for COTN.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COTN.MI is down. |
| ChartMill Relative Strength | 9.64 | NEGATIVE | COTN.MI has a low relative strength, it was outperformed by 90.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COTN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of COTN.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of COTN.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.23 | NEUTRAL | The RSI value for COTN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests COTN.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.99 | NEUTRAL | The Stochastics value for COTN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for COTN.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.47 | NEUTRAL | The ADX value for COTN.MI suggests a possible start of a new trend. |
BIT:COTN (12/3/2025, 7:00:00 PM)
1.8948
-0.01 (-0.51%)
WT COTTON / COTN.MI FAQ
Can you provide the ChartMill technical rating for WT COTTON?
ChartMill assigns a technical rating of 0 / 10 to COTN.MI.
What is the current trend direction of WT COTTON (COTN.MI) stock?
The current trend direction for WT COTTON (COTN.MI) is Bearish.
What is the RSI signal for COTN stock?
WT COTTON (COTN.MI) has an RSI value of 35.232. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for WT COTTON?
The buy/sell signal for WT COTTON (COTN.MI) is sell as both the short term and long term trends are negative.
What is the support and resistance level for COTN stock?
WT COTTON (COTN.MI) has a support level at 1.88 and a resistance level at 1.9. Check the full technical report for our detailed analysis of COTN.MI support and resistance levels.