NYSEARCA:CANE - NYSE Arca - US88166A4094 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to CANE. CANE'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.
CANE 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 a resistance zone just above the current price starting at 11.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.99, a Stop Loss order could be placed below this zone.
10.75
We found 1 important support area.
When analyzing the resistance we notice 6 important areas.
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 CANE is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CANE is down. |
ChartMill Relative Strength | 17.7 | NEGATIVE | CANE has a low relative strength, it was outperformed by 82.3% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CANE is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CANE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CANE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.51 | NEUTRAL | The RSI value for CANE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CANE has a positive trend. |
Stochastics (14,3) | 70.91 | NEUTRAL | The Stochastics value for CANE is a neutral value. |
Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for CANE suggests low volalility. |
Average Directional Index/ADX (14) | 22.05 | NEUTRAL | The ADX value for CANE suggests a possible start of a new trend. |
NYSEARCA:CANE (7/11/2025, 8:04:01 PM)
11.0352
+0.13 (+1.15%)