CBRE ACQUISITION HOLDINGS-A (CBAH) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CBAH
Taking everything into account, CBAH scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CBAH is a bad performer.
- 100% of all other stocks performed better in the past year than CBAH.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- CBAH is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CBAH has a been trading in the 9.82 - 11.08 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CBAH has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.55
We found 2 important support areas.
- A support zone ranging from 10.08 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.65 to 9.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.76 to 10.76. 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 | UP | POSITIVE | The long term trend for CBAH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBAH is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CBAH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBAH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBAH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBAH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.86 | OVERBOUGHT | The high RSI value suggests CBAH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CBAH has a positive trend. |
| Stochastics (14,3) | 37.83 | NEUTRAL | The Stochastics value for CBAH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for CBAH suggests some volalility. |
10.75
+0.65 (+6.44%)
CBRE ACQUISITION HOLDINGS-A / CBAH FAQ
What is the ChartMill technical rating of CBRE ACQUISITION HOLDINGS-A (CBAH) stock?
ChartMill assigns a technical rating of 5 / 10 to CBAH.
What is the trend direction for CBAH stock?
The current trend direction for CBRE ACQUISITION HOLDINGS-A (CBAH) is Bullish.
Can you provide the RSI signal for CBRE ACQUISITION HOLDINGS-A?
CBRE ACQUISITION HOLDINGS-A (CBAH) has an RSI value of 72.8577. This indicates that the stock is currently overbought.
Can you provide the short term momentum for CBRE ACQUISITION HOLDINGS-A?
The short term momentum for CBRE ACQUISITION HOLDINGS-A (CBAH) is neutral.