CADELER A/S-ADR (CDLR) Technical Analysis
NYSE:CDLR • US12738K1097
Current stock price
CDLR Technical Rating and Analysis
Taking everything into account, CDLR scores 6 out of 10 in our technical rating. In the last year, CDLR was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month CDLR has a been trading in the 23.10 - 26.67 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CDLR 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 CDLR is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that CDLR is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- CDLR is part of the Construction & Engineering industry. There are 56 other stocks in this industry, CDLR did better than 60% of them.
CDLR Weekly and Daily overview Charts
CDLR Setup Rating and Analysis
CDLR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.76. Right above this resistance zone may be a good entry point.
More info and screens
CDLR Support and Resistance Analysis
22.87
When analyzing the support we notice one important area.
- A support zone ranging from 23.10 to 23.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.76 to 24.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.55 from a trend line in the weekly time frame.
CDLR 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 | UP | POSITIVE | The long term trend for CDLR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDLR is down. |
| ChartMill Relative Strength | 82.39 | POSITIVE | CDLR has a high relative strength, it outperformed 82.39% 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) | UP | MIXED | The current price of CDLR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDLR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.61 | NEUTRAL | The RSI value for CDLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests CDLR has a negative trend. |
| Stochastics (14,3) | 8.92 | OVERSOLD | The low Stochastics value suggests CDLR may be oversold. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CDLR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for CDLR suggests a possible start of a new trend. |
CDLR Chart- and CandleStick Pattern Analysis
CDLR Example Setup
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 |
|---|---|---|---|
| 24.16 | 23.09 | 1.07 (4.41%) | 22.66% |
| An entry @24.16. This is a Buy Stop order right above the 10 day moving average. | An exit @23.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.07 points, which is 4.41%. | When investing 22.66% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CDLR. Please evaluate whether better entry and exit points can be found.
- 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.
CDLR Technicals: Chart, Performance Metrics, Trend & Indicators
23.11
-0.78 (-3.26%)
CADELER A/S-ADR / CDLR TA FAQ
What is the ChartMill technical rating of CADELER A/S-ADR (CDLR) stock?
ChartMill assigns a technical rating of 6 / 10 to CDLR.
Can you provide the trend direction for CADELER A/S-ADR?
The current trend direction for CADELER A/S-ADR (CDLR) is Bullish.
What is the RSI signal for CDLR stock?
CADELER A/S-ADR (CDLR) has an RSI value of 39.6072. This indicates that the stock is currently neutral.
What is the MACD signal for CDLR stock?
The MACD indicator for CADELER A/S-ADR (CDLR) has a value of -0.272664, indicating a bearish trend.
What is the short term momentum for CDLR stock?
The short term momentum for CADELER A/S-ADR (CDLR) is negative.