iPath Pure Beta Coffee ETN (CAFE) Stock Technical Analysis
NYSEARCA:CAFE - NYSE Arca -
Overall CAFE gets a technical rating of 0 out of 10. CAFE'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, CAFE is a bad performer in the overall market: 84% of all stocks are doing better.
CAFE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CAFE is lagging the market.
Warning: CAFE has an average volume of 6470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CAFE has a been trading in a tight range between 10.35 and 10.80.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CAFE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 10.46, a Stop Loss order could be placed below this zone.
More info and screens
10.25
12.10
We found 1 important support area.
- A support zone ranging from 10.35 to 10.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @11.05 from a trend line in the weekly time frame.
- Resistance @11.60 from a horizontal line in the weekly time frame.
- Resistance @11.98 from a horizontal line in the daily 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 CAFE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAFE is down. |
| ChartMill Relative Strength | 16.96 | NEGATIVE | CAFE has a low relative strength, it was outperformed by 83.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAFE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAFE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAFE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.96 | NEUTRAL | The RSI value for CAFE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CAFE has a positive trend. |
| Stochastics (14,3) | 29.23 | NEUTRAL | The Stochastics value for CAFE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for CAFE suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:CAFE (4/11/2018, 8:11:03 PM)
10.48
+0.04 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.38%
1 Week0.29%
2 Weeks-0.57%
1 Month-2.69%
3 Month-5.59%
6 Month-11.26%
12 Month-23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%1.05%
ATR Inc-41.67%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.96
Mansfield-1.43
10 Day High10.54
10 Day Low10.35
20 Day High10.8
20 Day Low10.35
52 Week High14.04
52 Week Low10.35
CS1 End10.46
CR1 Start11.05
Volume & EV
DER(3)-1.29%
DER(5)-2.51%
Volume13.80K
Volume Incr59.13%
Vol(5)11.72K
Vol(50)6.47K