CBRE GROUP INC - A (CBRE) Stock Technical Analysis
NYSE:CBRE - New York Stock Exchange, Inc. - US12504L1098 - Common Stock - Currency: USD
Overall CBRE 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, CBRE 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 CBRE is one of the better performing stocks in the market, outperforming 87% 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 87% of 64 stocks in the same industry.
CBRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CBRE is lagging the market slightly.
CBRE 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CBRE has an average volume of 1675830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CBRE has an excellent technical rating, but the quality of the setup is only medium 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
126.39
157.59
When analyzing the support we can see 4 important areas.
- A support zone ranging from 143.68 to 145.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 137.03 to 140.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 130.14 to 132.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @127.67 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 | 87.84 | POSITIVE | CBRE has a high relative strength, it outperformed 87.84% 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) | 71.01 | OVERBOUGHT | The high RSI value suggests CBRE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.07 | POSITIVE | The MACD value suggests CBRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.36 | NEUTRAL | The Stochastics value for CBRE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CBRE suggests some volalility. |
| Average Directional Index/ADX (14) | 34.57 | 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)
156.03
+2.09 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.36%
1 Week6.46%
2 Weeks10.32%
1 Month9.46%
3 Month23.26%
6 Month9.29%
12 Month42.96%
2 Year83.46%
3 Year97.61%
5 Year231.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.66
ATR(20)%2.19%
ATR Inc-15.8%
Range Today1.88
ADR(20)2.97
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.84
Mansfield1.06
10 Day High161.03
10 Day Low140.62
20 Day High161.03
20 Day Low135.44
52 Week High161.03
52 Week Low107.54
CS1 End145.25
CR1 StartN/A
Volume & EV
DER(3)-0.9%
DER(5)-0.08%
Volume1.80M
Volume Incr107.74%
Vol(5)2.73M
Vol(50)1.68M