CBRE GROUP INC - A (CBRE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBRE - US12504L1098 - Common Stock
We assign a technical rating of 9 out of 10 to CBRE. Both in the recent history as in the last year, CBRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 CBRE is one of the better performing stocks in the market, outperforming 77% of all stocks.
- CBRE is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry. CBRE outperforms 75% of them.
- CBRE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CBRE has a been trading in the 159.07 - 171.24 range, which is quite wide. It is currently trading near the high of this range.
- CBRE has an average volume of 1365600 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
142.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 158.62 to 161.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @153.49 from a horizontal line in the daily time frame.
- A support zone ranging from 149.40 to 150.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @143.51 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 | 77.17 | POSITIVE | CBRE has a high relative strength, it outperformed 77.17% 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) | 67.36 | NEUTRAL | The RSI value for CBRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CBRE has a positive trend. |
| Stochastics (14,3) | 69.89 | NEUTRAL | The Stochastics value for CBRE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for CBRE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for CBRE suggests a weak or negative trend. |
170.83
+5.93 (+3.6%)
CBRE GROUP INC - A / CBRE FAQ
What is the technical rating for CBRE stock?
ChartMill assigns a technical rating of 9 / 10 to CBRE.
What is the current trend direction of CBRE GROUP INC - A (CBRE) stock?
The current trend direction for CBRE GROUP INC - A (CBRE) is Bullish.
What is the RSI signal for CBRE stock?
CBRE GROUP INC - A (CBRE) has an RSI value of 67.3628. This indicates that the stock is currently neutral.
What is the MACD signal for CBRE stock?
The MACD indicator for CBRE GROUP INC - A (CBRE) has a value of 0.252823, indicating a bearish trend.
Can you provide the buy/sell signal for CBRE GROUP INC - A?
The buy/sell signal for CBRE GROUP INC - A (CBRE) is buy as both the short term and long term trends are positive.