NYSE:CBG - New York Stock Exchange, Inc. - US12504L1098
Overall CBG gets a technical rating of 10 out of 10. 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. Prices have been consolidating lately and the volatility has been reduced. 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. Another positive sign is the recent Pocket Pivot signal.
41.35
2 important support areas can be observed.
We found 1 important resistance area.
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. |
47.31
-0.11 (-0.23%)