CBRE GROUP INC (CBG) Stock Technical Analysis
NYSE:CBG - New York Stock Exchange, Inc. - US12504L1098
We assign a technical rating of 10 out of 10 to CBG. Both in the recent history as in the last year, CBG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, CBG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 47.60. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
41.35
2 important support areas can be observed.
- A support zone ranging from 42.95 to 43.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 41.77 to 42.09. 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 47.60 to 47.68. 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 CBG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBG is up. |
| ChartMill Relative Strength | 84.29 | POSITIVE | CBG has a high relative strength, it outperformed 84.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.19 | NEUTRAL | The RSI value for CBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CBG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.76 | NEUTRAL | The Stochastics value for CBG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for CBG suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.69 | 46.34 | 1.35 (2.84%) | 25.00% |
| An entry @47.69. This is a Buy Stop order right above the resistance zone. | An exit @46.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.35 points, which is 2.84%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
47.31
-0.11 (-0.23%)