CADRE HOLDINGS INC (CDRE) Stock Technical Analysis
NYSE:CDRE - New York Stock Exchange, Inc. - US12763L1052 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CDRE. CDRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
80% of all other stocks performed better in the past year than CDRE.
CDRE is one of the lesser performing stocks in the Aerospace & Defense industry. 87% of 66 stocks in the same industry do better.
In the last month CDRE has a been trading in the 31.38 - 34.85 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.
CDRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDRE is lagging the market.
The technical rating of CDRE is bad and it also does not present a 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.
More info and screens
27.89
40.62
When analyzing the support we notice one important area.
- A support zone ranging from 28.17 to 28.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 32.09 to 32.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.33 to 35.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.48 to 36.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 40.22 to 40.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CDRE is neutral. |
| ChartMill Relative Strength | 20.2 | NEGATIVE | CDRE has a low relative strength, it was outperformed by 79.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CDRE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.48 | NEUTRAL | The RSI value for CDRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CDRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.06 | NEUTRAL | The Stochastics value for CDRE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CDRE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.36 | NEGATIVE | The low ADX value for CDRE 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)
31.96
-1.49 (-4.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-4.45%
1 Week0.03%
2 Weeks0.35%
1 Month-7.09%
3 Month3.97%
6 Month-16.31%
12 Month-15.14%
2 Year37.34%
3 Year35.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.55%
ATR Inc91.27%
Range Today1.69
ADR(20)0.81
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.2
Mansfield-1.32
10 Day High33.62
10 Day Low31.58
20 Day High34.85
20 Day Low31.38
52 Week High40.28
52 Week Low27.07
CS1 End28.17
CR1 Start32.09
Volume & EV
DER(3)-0.94%
DER(5)-0.71%
Volume522.30K
Volume Incr-2.56%
Vol(5)295.64K
Vol(50)317.56K