BIT:CSMIB - Euronext Milan - IE00B53L4X51 - ETF - Currency: EUR
We assign a technical rating of 10 out of 10 to CSMIB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CSMIB is showing a nice and steady performance.
Besides having an excellent technical rating, CSMIB also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 179.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 178.98, a Stop Loss order could be placed below this zone.
146.68
We found 5 important support areas.
We found 1 important resistance area.
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 |
---|---|---|---|
181.72 | 174.84 | 6.88 (3.79%) | 25.00% |
An entry @181.72. This is a Buy Stop order right above the resistance zone. | An exit @174.84. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.88 points, which is 3.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.95%. |
BIT:CSMIB (3/6/2025, 7:00:00 PM)
179.7
+1.22 (+0.68%)