CBRE GROUP INC (CBG) Technical Analysis
NYSE:CBG • US12504L1098
Current stock price
CBG Technical Rating and Analysis
Overall CBG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBG is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CBG is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, CBG also shows a nice and consistent pattern of rising prices.
- CBG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CBG is leading the market.
- CBG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CBG has an average volume of 2335070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CBG Weekly and Daily overview Charts
CBG Setup Rating and Analysis
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. 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
CBG Support and Resistance Analysis
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.
When analyzing the resistance we notice one important 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.
CBG 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.
| 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. |
CBG Chart- and CandleStick Pattern Analysis
CBG Example Setup
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.
CBG Technicals: Chart, Performance Metrics, Trend & Indicators
47.31
-0.11 (-0.23%)
CBRE GROUP INC / CBG TA FAQ
What is the ChartMill technical rating of CBRE GROUP INC (CBG) stock?
ChartMill assigns a technical rating of 10 / 10 to CBG.
What is the trend direction for CBG stock?
The current trend direction for CBRE GROUP INC (CBG) is Bullish.
What is the RSI signal for CBG stock?
CBRE GROUP INC (CBG) has an RSI value of 61.1855. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CBRE GROUP INC?
The MACD indicator for CBRE GROUP INC (CBG) has a value of 0.000787939, indicating a bearish trend.
Can you provide the support and resistance levels for CBRE GROUP INC?
CBRE GROUP INC (CBG) has a support level at 43.5 and a resistance level at 47.6. Check the full technical report for our detailed analysis of CBG support and resistance levels.