CIA BRASILEIRA DE DIS- ADR (CBD) Technical Analysis

NYSE:CBD • US20440T3005

Current stock price

0.445 USD
-0.01 (-3.05%)
At close:
0.4357 USD
-0.01 (-2.09%)
After Hours:

CBD Technical Rating and Analysis

0

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

CIA BRASILEIRA DE DIS- ADR / CBD Weekly stock chart
CIA BRASILEIRA DE DIS- ADR / CBD Daily stock chart

CBD Setup Rating and Analysis

3

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.

CBD Support and Resistance Analysis

0.44

0.88

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CBD is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CBD is down.
ChartMill Relative Strength1.97NEGATIVECBD has a low relative strength, it was outperformed by 98.03% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CBD is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CBD is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CBD is below a declining SMA(200).
Relative Strength Index/RSI (14)25.67OVERSOLDThe low RSI value suggests CBD may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests CBD has a negative trend, although the MACD value is rising.
Stochastics (14,3)2.35OVERSOLDThe low Stochastics value suggests CBD may be oversold.
Average True Range in percent/ATR (20)8.25HIGH VOLATILITYThe high ATR as a percentage value for CBD suggests high volalility.
Average Directional Index/ADX (14)35.75POSITIVEThe high ADX value value for CBD suggests a strong trend.

CBD Chart- and CandleStick Pattern Analysis

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)

CBD Technicals: Chart, Performance Metrics, Trend & Indicators

CIA BRASILEIRA DE DIS- ADR / CBD Daily stock chart

CIA BRASILEIRA DE DIS- ADR

NYSE:CBD (4/18/2024, 8:04:00 PM)

After market: 0.4357 -0.01 (-2.09%)

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
3 months CRSN/A
6 months CRSN/A
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

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.