USA - NASDAQ:CDTG - KYG2030P1072 - Common Stock
We assign a technical rating of 0 out of 10 to CDTG. CDTG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CDTG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.56, a Stop Loss order could be placed below this zone.
0.54
We found 2 important support areas.
We can see 3 important resistance 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 | DOWN | NEGATIVE | The long term trend for CDTG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDTG is neutral. |
| ChartMill Relative Strength | 2.38 | NEGATIVE | CDTG has a low relative strength, it was outperformed by 97.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDTG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.64 | NEUTRAL | The RSI value for CDTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CDTG has a negative trend. |
| Stochastics (14,3) | 30.71 | NEUTRAL | The Stochastics value for CDTG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.35 | HIGH VOLATILITY | The high ATR as a percentage value for CDTG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for CDTG suggests a possible start of a new trend. |
0.6003
-0.12 (-16.62%)
ChartMill assigns a technical rating of 0 / 10 to CDTG.
The current trend direction for CDT ENVIRONMENTAL TECHNOLOGY (CDTG) is Bearish.
CDT ENVIRONMENTAL TECHNOLOGY (CDTG) has an RSI value of 42.6438. This indicates that the stock is currently neutral.
The MACD indicator for CDT ENVIRONMENTAL TECHNOLOGY (CDTG) has a value of -0.00119132, indicating a bearish trend.
CDT ENVIRONMENTAL TECHNOLOGY (CDTG) has a support level at 0.56 and a resistance level at 0.66. Check the full technical report for our detailed analysis of CDTG support and resistance levels.