USA - NYSE:CDRE - US12763L1052 - Common Stock
Overall CDRE gets a technical rating of 6 out of 10. CDRE 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.
CDRE has an average technical rating and it also does not offer a high 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.
27.89
4 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 CDRE is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDRE is up. |
ChartMill Relative Strength | 21.84 | NEGATIVE | CDRE has a low relative strength, it was outperformed by 78.16% 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) | 62.19 | NEUTRAL | The RSI value for CDRE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests CDRE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 88.33 | OVERBOUGHT | The high Stochastics value suggests CDRE may be overbought. |
Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CDRE suggests some volalility. |
Average Directional Index/ADX (14) | 21.74 | NEUTRAL | The ADX value for CDRE suggests a possible start of a new trend. |
33.77
-0.53 (-1.55%)