CIA BRASILEIRA DE DIS- ADR (CBD) Stock Technical Analysis
USA - NYSE:CBD - US20440T3005 - ADR
Overall CBD gets a technical rating of 0 out of 10. 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.
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
0.44
2 important resistance areas can be observed.
- Resistance @0.70 from a trend line in the daily time frame.
- Resistance @0.87 from a trend 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 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. |
0.445
-0.01 (-3.05%)
CIA BRASILEIRA DE DIS- ADR / CBD 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 current trend direction of CIA BRASILEIRA DE DIS- ADR (CBD) stock?
The current trend direction for CIA BRASILEIRA DE DIS- ADR (CBD) is Bearish.
Can you provide the RSI signal for CIA BRASILEIRA DE DIS- ADR?
CIA BRASILEIRA DE DIS- ADR (CBD) has an RSI value of 25.6717. This indicates that the stock is currently oversold.
What is the MACD signal for CBD stock?
The MACD indicator for CIA BRASILEIRA DE DIS- ADR (CBD) has a value of -0.00729213, indicating a bearish trend.
What are the support and resistance levels for CIA BRASILEIRA DE DIS- ADR (CBD) stock?
CIA BRASILEIRA DE DIS- ADR (CBD) has a resistance level at 0.7. Check the full technical report for our detailed analysis of CBD support and resistance levels.