CAE INC (CAE) Stock Technical Analysis
USA - NYSE:CAE - CA1247651088 - Common Stock
Overall CAE gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CAE has proven to be a steady performer, scoring decent points in every aspect analyzed.
CAE 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 28.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CAE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
25.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.62 to 28.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.86 from a trend line in the daily time frame.
- A support zone ranging from 26.11 to 26.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.65 to 29.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CAE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAE is up. |
| ChartMill Relative Strength | 85.02 | POSITIVE | CAE has a high relative strength, it outperformed 85.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CAE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.38 | NEUTRAL | The RSI value for CAE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CAE has a positive trend. |
| Stochastics (14,3) | 69.86 | NEUTRAL | The Stochastics value for CAE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CAE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.71 | NEGATIVE | The low ADX value for CAE suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 28.87 | 27.61 | 1.26 (4.36%) | 22.91% |
| An entry @28.87. This is a Buy Stop order right above the 10 day high. | An exit @27.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.26 points, which is 4.36%. | When investing 22.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
28.7
+0.08 (+0.28%)
CAE INC / CAE FAQ
What is the technical rating for CAE stock?
ChartMill assigns a technical rating of 10 / 10 to CAE.
What is the current trend direction of CAE INC (CAE) stock?
The current trend direction for CAE INC (CAE) is Bullish.
What is the RSI signal for CAE INC (CAE) stock?
CAE INC (CAE) has an RSI value of 58.377. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CAE INC?
The short term momentum for CAE INC (CAE) is positive.
Can you provide the support and resistance levels for CAE INC?
CAE INC (CAE) has a support level at 28.29 and a resistance level at 29.65. Check the full technical report for our detailed analysis of CAE support and resistance levels.