CADRE HOLDINGS INC (CDRE) Stock Technical Analysis
USA - NYSE:CDRE - US12763L1052 - Common Stock
Overall CDRE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CDRE is showing a nice and steady performance.
Besides having an excellent technical rating, CDRE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 43.17, a Stop Loss order could be placed below this zone.
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27.89
4 important support areas can be observed.
- A support zone ranging from 42.45 to 43.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.99 from a trend line in the weekly time frame.
- Support @29.14 from a horizontal line in the daily time frame.
- Support @28.17 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 | UP | POSITIVE | The long term trend for CDRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDRE is up. |
| ChartMill Relative Strength | 90.59 | POSITIVE | CDRE has a high relative strength, it outperformed 90.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.29 | NEUTRAL | The RSI value for CDRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CDRE has a negative trend. |
| Stochastics (14,3) | 41.74 | NEUTRAL | The Stochastics value for CDRE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for CDRE suggests some volalility. |
| Average Directional Index/ADX (14) | 51.14 | POSITIVE | The high ADX value value for CDRE 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 |
|---|---|---|---|
| 46.65 | 42.44 | 4.21 (9.02%) | 11.08% |
| An entry @46.65. This is a Buy Stop order right above the 10 day high. | An exit @42.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.21 points, which is 9.02%. | For a 1.00% total portfolio risk, you can invest 11.08% of your capital in this trade. |
- 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.
43.63
+0.31 (+0.72%)
CADRE HOLDINGS INC / CDRE FAQ
Can you provide the ChartMill technical rating for CADRE HOLDINGS INC?
ChartMill assigns a technical rating of 9 / 10 to CDRE.
Can you provide the trend direction for CADRE HOLDINGS INC?
The current trend direction for CADRE HOLDINGS INC (CDRE) is Bullish.
Can you provide the RSI signal for CADRE HOLDINGS INC?
CADRE HOLDINGS INC (CDRE) has an RSI value of 64.2874. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CADRE HOLDINGS INC?
The short term momentum for CADRE HOLDINGS INC (CDRE) is positive.
What are the support and resistance levels for CADRE HOLDINGS INC (CDRE) stock?
CADRE HOLDINGS INC (CDRE) has a support level at 43.17. Check the full technical report for our detailed analysis of CDRE support and resistance levels.