CBHD Technical Analysis - COLOPLAST-B

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to CBHD. CBHD'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

94% of all other stocks performed better in the past year than CBHD.

CBHD is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 64% of 60 stocks in the same industry do better.

CBHD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month CBHD has a been trading in the 72.80 - 85.12 range, which is quite wide. It is currently trading near the lows of this range.

Warning: CBHD has an average volume of 625 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of CBHD 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

75.85

88.38

We can see 4 important resistance areas.

A resistance zone ranging from 80.73 to 81.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 84.06 to 84.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @86.08 from a horizontal line in the daily time frame.
Resistance @87.50 from a horizontal line in the daily time frame.

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Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for CBHD.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CBHD.DE is down.
ChartMill Relative Strength	6.23	NEGATIVE	CBHD.DE has a low relative strength, it was outperformed by 93.77% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CBHD.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CBHD.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of CBHD.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	42.98	NEUTRAL	The RSI value for CBHD.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.18	NEGATIVE	The MACD value suggests CBHD.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	35.31	NEUTRAL	The Stochastics value for CBHD.DE is a neutral value.
Average True Range in percent/ATR (20)	2.3	MEDIUM VOLATILITY	The ATR as a percentage value for CBHD.DE suggests some volalility.
Average Directional Index/ADX (14)	28.57	POSITIVE	The high ADX value value for CBHD.DE suggests a strong trend.