CIA BRASILEIRA DE DIS- ADR (CBD) Technical Analysis
NYSE:CBD ⢠US20440T3005
Current stock price
CBD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CBD. CBD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than CBD.
- CBD is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, of which 89% are performing better than CBD.
- CBD is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CBD is lagging the market.
- In the last month CBD has a been trading in the 0.45 - 0.67 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
CBD Weekly and Daily overview Charts
CBD Setup Rating and Analysis
The technical rating of CBD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CBD Support and Resistance Analysis
0.44
We can see 2 important resistance areas.
- Resistance @0.70 from a trend line in the daily time frame.
- Resistance @0.87 from a trend line in the daily time frame.
CBD Technical Indicator Signal Analysis
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 CBD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBD is down. |
| ChartMill Relative Strength | 1.97 | NEGATIVE | CBD has a low relative strength, it was outperformed by 98.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CBD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.67 | OVERSOLD | The low RSI value suggests CBD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.35 | OVERSOLD | The low Stochastics value suggests CBD may be oversold. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for CBD suggests high volalility. |
| Average Directional Index/ADX (14) | 35.75 | POSITIVE | The high ADX value value for CBD suggests a strong trend. |
CBD Chart- and CandleStick Pattern Analysis
CBD Technicals: Chart, Performance Metrics, Trend & Indicators
0.445
-0.01 (-3.05%)
CIA BRASILEIRA DE DIS- ADR / CBD TA FAQ
Can you provide the ChartMill technical rating for CIA BRASILEIRA DE DIS- ADR?
ChartMill assigns a technical rating of 0 / 10 to CBD.
What is the trend direction for CBD stock?
The current trend direction for CIA BRASILEIRA DE DIS- ADR (CBD) is Bearish.
What is the RSI signal for CBD stock?
CIA BRASILEIRA DE DIS- ADR (CBD) has an RSI value of 25.6717. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CIA BRASILEIRA DE DIS- ADR?
The MACD indicator for CIA BRASILEIRA DE DIS- ADR (CBD) has a value of -0.00729213, indicating a bearish trend.
Can you provide the buy/sell signal for CIA BRASILEIRA DE DIS- ADR?
The buy/sell signal for CIA BRASILEIRA DE DIS- ADR (CBD) is sell as both the short term and long term trends are negative.