CBRE GROUP INC - A (CBRE) Stock Technical Analysis
NYSE:CBRE - US12504L1098 - Common Stock
164.98 USD
+0.57 (+0.35%)
164.98 USD
0 (0%)
We assign a technical rating of 10 out of 10 to CBRE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBRE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CBRE is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, CBRE also shows a nice and consistent pattern of rising prices.
CBRE is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 82% of 63 stocks in the same industry.
A new 52 week high is currently being made by CBRE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CBRE has a been trading in the 152.25 - 165.41 range, which is quite wide. It is currently trading near the high of this range.
CBRE has an average volume of 1526130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CBRE has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
128.43
166.63
When analyzing the support we can see 5 important areas.
- A support zone ranging from 157.86 to 162.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @153.48 from a horizontal line in the daily time frame.
- A support zone ranging from 146.96 to 150.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @132.00 from a horizontal line in the daily time frame.
- Support @129.73 from a trend line in the weekly time frame.
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 CBRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBRE is up. |
| ChartMill Relative Strength | 89.5 | POSITIVE | CBRE has a high relative strength, it outperformed 89.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.59 | OVERBOUGHT | The high RSI value suggests CBRE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CBRE has a positive trend. |
| Stochastics (14,3) | 86.97 | OVERBOUGHT | The high Stochastics value suggests CBRE may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CBRE suggests some volalility. |
| Average Directional Index/ADX (14) | 43.21 | POSITIVE | The high ADX value value for CBRE suggests a strong trend. |
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)
164.98
+0.57 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0.35%
1 Week4.52%
2 Weeks7.49%
1 Month12.57%
3 Month31.96%
6 Month16.23%
12 Month43.29%
2 Year93.98%
3 Year108.94%
5 Year250.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.84
ATR(20)%2.08%
ATR Inc45.04%
Range Today1.89
ADR(20)2.89
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.5
Mansfield1.35
10 Day High165.41
10 Day Low154.02
20 Day High165.41
20 Day Low152.25
52 Week High165.41
52 Week Low108.45
CS1 End162.15
CR1 StartN/A
Volume & EV
DER(3)1.1%
DER(5)0.27%
Volume1.26M
Volume Incr-18.4%
Vol(5)1.43M
Vol(50)1.53M