CIA BRASILEIRA DE DIS- ADR (CBD) Stock Technical Analysis
NYSE:CBD - New York Stock Exchange, Inc. - US20440T3005 - ADR - Currency: USD
Taking everything into account, CBD scores 0 out of 10 in our technical rating. CBD'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CBD is a bad performer in the overall market: 99% of all stocks are doing better.
CBD is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, of which 92% are performing better than CBD.
CBD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
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.
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
0.88
When analyzing the resistance we notice 2 important 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.445
-0.01 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-3.05%
1 Week-14.01%
2 Weeks-20.52%
1 Month-32.58%
3 Month-47.63%
6 Month-30.7%
12 Month-85.41%
2 Year-89.35%
3 Year-94%
5 Year-92.75%
10 Year-96.26%
15 Year-88.97%
Volatility
ATR(14)0.04
ATR(20)%8.25%
ATR Inc-52.71%
Range Today0.02
ADR(20)0.04
ADR(20)%8.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.97
Mansfield-7.83
10 Day High0.56
10 Day Low0.45
20 Day High0.67
20 Day Low0.45
52 Week High4.76
52 Week Low0.45
CS1 EndN/A
CR1 Start0.7
Volume & EV
DER(3)14.36%
DER(5)0.92%
Volume80.30K
Volume Incr-26.64%
Vol(5)211.52K
Vol(50)247.13K