CBRE GROUP INC - A (CBRE) Stock Technical Analysis
NYSE:CBRE - New York Stock Exchange, Inc. - US12504L1098 - Common Stock - Currency: USD
Taking everything into account, CBRE scores 10 out of 10 in our technical rating. 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.
Looking at the yearly performance, CBRE did better than 89% of all other 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 85% of 65 stocks in the same industry.
CBRE is currently trading near its 52 week high, which is a good sign. 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 126.72 - 144.15 range, which is quite wide. It is currently trading near the high of this range.
CBRE has an average volume of 1702220 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
118.52
148.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 139.17 to 139.91. 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 131.80 to 132.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 124.22 to 125.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @147.14 from a horizontal line in the daily 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 | 89.04 | POSITIVE | CBRE has a high relative strength, it outperformed 89.04% 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) | 70.48 | OVERBOUGHT | The high RSI value suggests CBRE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests CBRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.33 | OVERBOUGHT | The high Stochastics value suggests CBRE may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for CBRE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.87 | 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)
143.18
+0.67 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0.47%
1 Week3.69%
2 Weeks7.28%
1 Month12.38%
3 Month21.26%
6 Month8.88%
12 Month64.18%
2 Year71.86%
3 Year67.23%
5 Year226.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.03
ATR(20)%2.03%
ATR Inc-32.23%
Range Today2.51
ADR(20)2.77
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.04
Mansfield0.43
10 Day High144.15
10 Day Low132.66
20 Day High144.15
20 Day Low126.72
52 Week High147.75
52 Week Low87.25
CS1 End139.91
CR1 Start147.14
Volume & EV
DER(3)1.46%
DER(5)0.84%
Volume721.40K
Volume Incr-6.69%
Vol(5)1.52M
Vol(50)1.70M