CADELER A/S-ADR (CDLR) Stock Technical Analysis
USA - NYSE:CDLR - US12738K1097 - ADR
Overall CDLR gets a technical rating of 0 out of 10. CDLR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CDLR is bad and it also does not present a quality setup 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
18.07
We found 2 important support areas.
- Support @18.92 from a horizontal line in the daily time frame.
- Support @18.25 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 18.98 to 19.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.26 to 20.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.24 to 21.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.45 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 | DOWN | NEGATIVE | The long term trend for CDLR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDLR is down. |
| ChartMill Relative Strength | 10.85 | NEGATIVE | CDLR has a low relative strength, it was outperformed by 89.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDLR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDLR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDLR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.36 | NEUTRAL | The RSI value for CDLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CDLR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.78 | OVERSOLD | The low Stochastics value suggests CDLR may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for CDLR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for CDLR suggests a possible start of a new trend. |
18.95
-0.65 (-3.32%)
CADELER A/S-ADR / CDLR FAQ
What is the ChartMill technical rating of CADELER A/S-ADR (CDLR) stock?
ChartMill assigns a technical rating of 0 / 10 to CDLR.
What is the trend direction for CDLR stock?
The current trend direction for CADELER A/S-ADR (CDLR) is Bearish.
What is the RSI signal for CDLR stock?
CADELER A/S-ADR (CDLR) has an RSI value of 36.3609. This indicates that the stock is currently neutral.
What is the buy/sell signal for CADELER A/S-ADR (CDLR) stock?
The buy/sell signal for CADELER A/S-ADR (CDLR) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CADELER A/S-ADR?
CADELER A/S-ADR (CDLR) has a support level at 18.92 and a resistance level at 18.98. Check the full technical report for our detailed analysis of CDLR support and resistance levels.