CADRE HOLDINGS INC (CDRE) Stock Technical Analysis
NYSE:CDRE • US12763L1052
Overall CDRE gets a technical rating of 6 out of 10. Although CDRE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- CDRE is part of the Aerospace & Defense industry. There are 73 other stocks in this industry, of which 65% are performing better than CDRE.
- The long and short term trends are both positive. This is looking good!
- CDRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CDRE is lagging the market slightly.
- Looking at the yearly performance, CDRE did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month CDRE has a been trading in the 39.20 - 46.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CDRE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 43.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.14, a Stop Loss order could be placed below this zone.
More info and screens
30.47
3 important support areas can be observed.
- A support zone ranging from 41.27 to 42.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.51 to 40.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.78 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 43.45 to 43.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 45.11 to 45.12. This zone is formed by a combination of multiple trend lines 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 | 75.43 | POSITIVE | CDRE has a high relative strength, it outperformed 75.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CDRE is above a declining 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) | 57.7 | NEUTRAL | The RSI value for CDRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CDRE has a positive trend. |
| Stochastics (14,3) | 78.71 | NEUTRAL | The Stochastics value for CDRE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CDRE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.05 | NEGATIVE | The low ADX value for CDRE suggests a weak or negative 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 |
|---|---|---|---|
| 43.81 | 41.26 | 2.55 (5.82%) | 17.18% |
| An entry @43.81. This is a Buy Stop order right above the resistance zone. | An exit @41.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.55 points, which is 5.82%. | When investing 17.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
43.37
+0.73 (+1.71%)
CADRE HOLDINGS INC / CDRE FAQ
What is the ChartMill technical rating of CADRE HOLDINGS INC (CDRE) stock?
ChartMill assigns a technical rating of 6 / 10 to CDRE.
What is the current trend direction of CADRE HOLDINGS INC (CDRE) stock?
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 57.7012. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CADRE HOLDINGS INC?
The MACD indicator for CADRE HOLDINGS INC (CDRE) has a value of 0.202966, indicating a bearish trend.
What is the short term momentum for CDRE stock?
The short term momentum for CADRE HOLDINGS INC (CDRE) is positive.