CHINA EASTERN AIRLINES-ADS (CEA)
US16937R1041 - ADR
Taking everything into account, CEA scores 4 out of 10 in our technical rating. CEA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month CEA has a been trading in the 19.00 - 22.05 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CEA has an average volume of 11408 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CEA is part of the Passenger Airlines industry. There are 24 other stocks in this industry. CEA outperforms 82% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that CEA is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CEA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CEA is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, CEA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CEA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.81
21.82
5 important support areas can be observed.
- A support zone ranging from 19.11 to 19.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.13 from a trend line in the weekly time frame.
- Support @16.93 from a trend line in the daily time frame.
- A support zone ranging from 16.25 to 16.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.85 to 21.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.89
Mansfield0.61
10 Day High21.33
10 Day Low19
20 Day High22.05
20 Day Low19
52 Week High22.92
52 Week Low15.54
Performance
1 Week-4.24%
2 Weeks-1.23%
1 Month-5.77%
3 Month13.63%
6 Month12.49%
12 Month3.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)46.4
LBB19.31
UBB21.77
CHINA EASTERN AIRLINES-ADS
NYSE:CEA (2/2/2023, 7:04:00 PM)
20.09
+0.5 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg2.55%
1 Week-4.24%
2 Weeks-1.23%
1 Month-5.77%
3 Month13.63%
6 Month12.49%
12 Month3.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.81
ATR(20)%4.01%
ATR Inc
Range Today1.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.33
10 Day Low19
20 Day High22.05
20 Day Low19
52 Week High22.92
52 Week Low15.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.00K
Volume Incr40.72%
Vol(5)18.66K
Vol(50)11.41K