CANTOR EQUITY PARTNERS I-A (CEPO) Stock Technical Analysis
NASDAQ:CEPO - Nasdaq - KYG1827K1076 - Common Stock - Currency: USD
Overall CEPO gets a technical rating of 6 out of 10. CEPO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, CEPO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 12.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CEPO 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.
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11.79
We found 1 important support area.
- A support zone ranging from 11.91 to 12.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 |
|---|---|---|---|
| 12.26 | 11.90 | 0.36 (2.96%) | 25.00% |
| An entry @12.26. This is a Buy Stop order right above the 10 day moving average. | An exit @11.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.36 points, which is 2.96%. | For a 0.74% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CEPO. Please evaluate whether better entry and exit points can be found.
- 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.
12.11
+0.19 (+1.59%)