CAE INC (CAE) Stock Technical Analysis
USA - NYSE:CAE - CA1247651088 - Common Stock
We assign a technical rating of 1 out of 10 to CAE. CAE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CAE 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
25.93
We found 1 important support area.
- A support zone ranging from 26.19 to 26.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @26.59 from a trend line in the weekly time frame.
- A resistance zone ranging from 27.14 to 27.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CAE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAE is down. |
| ChartMill Relative Strength | 69.85 | NEUTRAL | CAE is not amongst the best or worst performers 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) | UP | MIXED | The current price of CAE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.08 | NEUTRAL | The RSI value for CAE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CAE has a negative trend. |
| Stochastics (14,3) | 21.47 | NEUTRAL | The Stochastics value for CAE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CAE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.62 | NEGATIVE | The low ADX value for CAE suggests a weak or negative trend. |
26.41
+0.09 (+0.34%)
CAE INC / CAE FAQ
What is the technical rating for CAE stock?
ChartMill assigns a technical rating of 1 / 10 to CAE.
What is the current trend direction of CAE INC (CAE) stock?
The current trend direction for CAE INC (CAE) is Bearish.
What is the RSI signal for CAE INC (CAE) stock?
CAE INC (CAE) has an RSI value of 36.0812. 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 negative.
Can you provide the support and resistance levels for CAE INC?
CAE INC (CAE) has a support level at 26.4 and a resistance level at 26.59. Check the full technical report for our detailed analysis of CAE support and resistance levels.