CAE INC (CAE) Technical Analysis
NYSE:CAE • CA1247651088
Current stock price
CAE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CAE. CAE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CAE is a bad performer in the overall market: 81% of all stocks are doing better.
- CAE is part of the Aerospace & Defense industry. There are 80 other stocks in this industry, of which 72% are performing better than CAE.
- CAE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CAE has a been trading in the 25.34 - 28.20 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
CAE Weekly and Daily overview Charts
CAE Setup Rating and Analysis
The technical rating of CAE is bad and it also does not present a quality setup 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
CAE Support and Resistance Analysis
25.20
We found 1 important support area.
- A support zone ranging from 25.45 to 25.45. 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 26.68 to 28.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CAE Technical Indicator Signal Analysis
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 CAE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAE is down. |
| ChartMill Relative Strength | 19.68 | NEGATIVE | CAE has a low relative strength, it was outperformed by 80.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.32 | NEUTRAL | The RSI value for CAE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CAE has a negative trend. |
| Stochastics (14,3) | 13.68 | OVERSOLD | The low Stochastics value suggests CAE may be oversold. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for CAE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for CAE suggests a weak or negative trend. |
CAE Chart- and CandleStick Pattern Analysis
CAE Technicals: Chart, Performance Metrics, Trend & Indicators
25.46
-0.09 (-0.35%)
CAE INC / CAE TA FAQ
What is the technical rating for CAE stock?
ChartMill assigns a technical rating of 0 / 10 to CAE.
What is the trend direction for CAE stock?
The current trend direction for CAE INC (CAE) is Bearish.
Can you provide the RSI signal for CAE INC?
CAE INC (CAE) has an RSI value of 35.3153. This indicates that the stock is currently neutral.
What is the short term momentum for CAE INC (CAE) stock?
The short term momentum for CAE INC (CAE) is negative.
Can you provide the support and resistance levels for CAE INC?
CAE INC (CAE) has a support level at 25.45 and a resistance level at 26.68. Check the full technical report for our detailed analysis of CAE support and resistance levels.