CLOUGH SELECT EQUITY ETF (CBSE) Technical Analysis
NYSEARCA:CBSE • US2103228894
Current stock price
41.46 USD
-0.1 (-0.23%)
At close:
41.28 USD
-0.18 (-0.43%)
After Hours:
CBSE Technical Rating and Analysis
Taking everything into account, CBSE scores 5 out of 10 in our technical rating. CBSE was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Warning: CBSE has an average volume of 4654 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, CBSE did better than 79% of all other stocks. We also observe that the gains produced by CBSE over the past year are nicely spread over this period.
- CBSE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CBSE is performing more or less in line with the market.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- In the last month CBSE has a been trading in the 40.08 - 44.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CBSE Weekly and Daily overview Charts
CBSE Setup Rating and Analysis
CBSE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CBSE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CBSE Support and Resistance Analysis
25.88
44.32
We found 4 important support areas.
- A support zone ranging from 39.22 to 39.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 37.80 to 37.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.20 from a horizontal line in the daily time frame.
- Support @26.14 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.52 to 42.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.63 to 43.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
CBSE Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for CBSE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBSE is down. |
| ChartMill Relative Strength | 79.6 | POSITIVE | CBSE has a high relative strength, it outperformed 79.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CBSE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBSE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.1 | NEUTRAL | The RSI value for CBSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests CBSE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.99 | OVERSOLD | The low Stochastics value suggests CBSE may be oversold. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for CBSE suggests low volalility. |
| Average Directional Index/ADX (14) | 25.25 | POSITIVE | The high ADX value value for CBSE suggests a strong trend. |
CBSE Chart- and CandleStick Pattern Analysis
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)
CBSE Technicals: Chart, Performance Metrics, Trend & Indicators
41.46
-0.1 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.23%
1 Week1.03%
2 Weeks-0.81%
1 Month-2.02%
3 Month4.16%
6 Month-0.97%
12 Month31.78%
2 Year49.82%
3 Year74.02%
5 Year44.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%1.82%
ATR Inc15.85%
Range Today0
ADR(20)0.46
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.6
3 months CRS74.53
6 months CRS48.53
Mansfield0.44
10 Day High42.41
10 Day Low40.08
20 Day High44.11
20 Day Low40.08
52 Week High44.11
52 Week Low25.79
CS1 End39.43
CR1 Start43.63
Volume & EV
DER(3)1.42%
DER(5)3.34%
Volume153
Volume Incr42.26%
Vol(5)5.42K
Vol(50)4.65K
CLOUGH SELECT EQUITY ETF / CBSE TA FAQ
What is the technical rating for CBSE stock?
ChartMill assigns a technical rating of 5 / 10 to CBSE.
What is the trend direction for CBSE stock?
The current trend direction for CLOUGH SELECT EQUITY ETF (CBSE) is Bearish.
Can you provide the RSI signal for CLOUGH SELECT EQUITY ETF?
CLOUGH SELECT EQUITY ETF (CBSE) has an RSI value of 48.1024. This indicates that the stock is currently neutral.
What is the MACD signal for CBSE stock?
The MACD indicator for CLOUGH SELECT EQUITY ETF (CBSE) has a value of -0.15402, indicating a bearish trend.