CLOUGH SELECT EQUITY ETF (CBSE) Stock Technical Analysis
NYSEARCA:CBSE - NYSE Arca - US2103228894 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to CBSE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CBSE is showing a nice and steady performance.
CBSE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.91, a Stop Loss order could be placed below this zone.
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25.88
3 important support areas can be observed.
- A support zone ranging from 36.40 to 36.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.79 from a trend line in the weekly time frame.
- Support @26.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.16 to 37.16. 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 CBSE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CBSE is up. |
| ChartMill Relative Strength | 81.64 | POSITIVE | CBSE has a high relative strength, it outperformed 81.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBSE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBSE is above 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) | 66.18 | NEUTRAL | The RSI value for CBSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CBSE has a negative trend. |
| Stochastics (14,3) | 87.58 | OVERBOUGHT | The high Stochastics value suggests CBSE may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for CBSE suggests low volalility. |
| Average Directional Index/ADX (14) | 36.58 | POSITIVE | The high ADX value value for CBSE suggests a strong 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 |
|---|---|---|---|
| 37.17 | 36.42 | 0.75 (2.02%) | 25.00% |
| An entry @37.17. This is a Buy Stop order right above the resistance zone. | An exit @36.42. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.75 points, which is 2.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- 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.
NYSEARCA:CBSE (7/14/2025, 8:04:01 PM)
37.1043
+0.35 (+0.96%)