USA - NYSEARCA:CEF - CA85208R1010
Overall CEF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CEF is showing a nice and steady performance.
Although CEF has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
28.59
When analyzing the support we can see 4 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 | UP | POSITIVE | The long term trend for CEF is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEF is up. |
ChartMill Relative Strength | 88.5 | POSITIVE | CEF has a high relative strength, it outperformed 88.5% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of CEF is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEF is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEF is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.5 | NEUTRAL | The RSI value for CEF is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CEF has a negative trend. |
Stochastics (14,3) | 65.09 | NEUTRAL | The Stochastics value for CEF is a neutral value. |
Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CEF suggests some volalility. |
Average Directional Index/ADX (14) | 34.6 | POSITIVE | The high ADX value value for CEF suggests a strong trend. |
37.9
-2.96 (-7.24%)