Taking everything into account, CAFE scores 0 out of 10 in our technical rating. CAFE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CAFE has a bad technical rating, but it does show a decent setup pattern. 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.
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10.25
When analyzing the support we notice one important 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%)
iPath Pure Beta Coffee ETN / CAFE FAQ
Can you provide the ChartMill technical rating for iPath Pure Beta Coffee ETN?
ChartMill assigns a technical rating of 0 / 10 to CAFE.
What is the current trend direction of iPath Pure Beta Coffee ETN (CAFE) stock?
The current trend direction for iPath Pure Beta Coffee ETN (CAFE) is Bearish.
What is the RSI signal for CAFE stock?
iPath Pure Beta Coffee ETN (CAFE) has an RSI value of 44.9631. This indicates that the stock is currently neutral.
What is the MACD signal for CAFE stock?
The MACD indicator for iPath Pure Beta Coffee ETN (CAFE) has a value of 0.0124548, indicating a bearish trend.
Can you provide the short term momentum for iPath Pure Beta Coffee ETN?
The short term momentum for iPath Pure Beta Coffee ETN (CAFE) is negative.