CADELER A/S-ADR (CDLR) Stock Technical Analysis
NYSE:CDLR - New York Stock Exchange, Inc. - US12738K1097 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to CDLR. CDLR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
78% of all other stocks performed better in the past year than CDLR.
CDLR is part of the Construction & Engineering industry. There are 49 other stocks in this industry, of which 68% are performing better than CDLR.
In the last month CDLR has a been trading in the 20.13 - 22.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CDLR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDLR is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CDLR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.76, a Stop Loss order could be placed below this zone.
More info and screens
18.07
23.22
We found 3 important support areas.
- A support zone ranging from 20.53 to 20.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.78 to 19.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.25 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.92 to 21.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.91 to 22.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for CDLR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDLR is neutral. |
| ChartMill Relative Strength | 22.04 | NEGATIVE | CDLR has a low relative strength, it was outperformed by 77.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CDLR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CDLR is below the rising 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) | 48.8 | NEUTRAL | The RSI value for CDLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CDLR has a negative trend. |
| Stochastics (14,3) | 40.35 | NEUTRAL | The Stochastics value for CDLR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CDLR suggests some volalility. |
| Average Directional Index/ADX (14) | 10.67 | 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)
20.92
-0.28 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.32%
1 Week2.15%
2 Weeks-5.51%
1 Month2.65%
3 Month5.55%
6 Month-3.59%
12 Month-17.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%2.21%
ATR Inc-20.38%
Range Today0.46
ADR(20)0.32
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.04
Mansfield-1.46
10 Day High22.02
10 Day Low20.3
20 Day High22.39
20 Day Low20.13
52 Week High28.75
52 Week Low17.36
CS1 End20.76
CR1 Start20.92
Volume & EV
DER(3)-2.6%
DER(5)-1.14%
Volume34.30K
Volume Incr-35.05%
Vol(5)26.62K
Vol(50)58.42K