CBRE GROUP INC - A (CBRE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CBRE - US12504L1098 - Common Stock
Overall CBRE gets a technical rating of 9 out of 10. 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.
Besides having an excellent technical rating, CBRE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 164.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 160.08, a Stop Loss order could be placed below this zone. 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
140.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 153.49 to 160.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @141.45 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 164.42 to 165.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 78.28 | POSITIVE | CBRE has a high relative strength, it outperformed 78.28% 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) | 62.61 | NEUTRAL | The RSI value for CBRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests CBRE has a positive trend. |
| Stochastics (14,3) | 83.23 | OVERBOUGHT | The high Stochastics value suggests CBRE may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CBRE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.26 | NEGATIVE | The low ADX value for CBRE suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 165.92 | 155.42 | 10.50 (6.33%) | 15.79% |
| An entry @165.92. This is a Buy Stop order right above the resistance zone. | An exit @155.42. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.50 points, which is 6.33%. | When investing 15.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
164.06
+2.43 (+1.5%)
CBRE GROUP INC - A / CBRE FAQ
What is the technical rating for CBRE stock?
ChartMill assigns a technical rating of 9 / 10 to CBRE.
Can you provide the trend direction for CBRE GROUP INC - A?
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 62.6061. This indicates that the stock is currently neutral.
What is the short term momentum for CBRE stock?
The short term momentum for CBRE GROUP INC - A (CBRE) is positive.
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.