iPath Pure Beta Coffee ETN (CAFE) Stock Technical Analysis
NYSEARCA:CAFE - NYSE Arca -
Taking everything into account, CAFE scores 0 out of 10 in our technical rating. 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.
CAFE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
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.
When analyzing the resistance we notice 3 important 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. |
NYSEARCA:CAFE (4/11/2018, 8:11:03 PM)
10.48
+0.04 (+0.38%)