CADELER A/S-ADR (CDLR) Stock Technical Analysis
NYSE:CDLR - New York Stock Exchange, Inc. - US12738K1097 - ADR - Currency: USD
Overall CDLR gets a technical rating of 0 out of 10. CDLR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CDLR is a bad performer in the overall market: 69% of all stocks are doing better.
CDLR is part of the Construction & Engineering industry. There are 51 other stocks in this industry, of which 64% are performing better than CDLR.
CDLR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CDLR is lagging the market.
In the last month CDLR has a been trading in the 18.52 - 22.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CDLR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
17.27
23.22
3 important support areas can be observed.
- Support @19.12 from a trend line in the daily time frame.
- A support zone ranging from 18.25 to 18.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 17.44 to 17.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- Resistance @20.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.74 to 21.83. 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.
- Resistance @22.99 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 | NEUTRAL | NEUTRAL | The short term trend for CDLR is neutral. |
| ChartMill Relative Strength | 31.97 | NEUTRAL | CDLR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CDLR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CDLR is above 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) | 51.38 | NEUTRAL | The RSI value for CDLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CDLR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.86 | NEUTRAL | The Stochastics value for CDLR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for CDLR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.76 | NEGATIVE | The low ADX value for CDLR suggests a weak or negative 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)
20.08
+0.4 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg2.03%
1 Week6.13%
2 Weeks3.56%
1 Month-3.97%
3 Month6.3%
6 Month-17.81%
12 Month-19.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%3.59%
ATR Inc-31.44%
Range Today0.22
ADR(20)0.43
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.97
Mansfield-1.62
10 Day High20.2
10 Day Low18.86
20 Day High22.61
20 Day Low18.52
52 Week High28.75
52 Week Low17.36
CS1 End19.12
CR1 Start20.98
Volume & EV
DER(3)-3.94%
DER(5)-2.97%
Volume41.90K
Volume Incr-3.67%
Vol(5)43.22K
Vol(50)45.60K