SPDR BBG CMDTY ST NO K1 (CERY) Stock Technical Analysis
USA - NYSEARCA:CERY - US78468R4406 - ETF
Taking everything into account, CERY scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CERY is only an average performer.
Besides having an excellent technical rating, CERY also presents a decent setup pattern. 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 a resistance zone just above the current price starting at 29.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.05, a Stop Loss order could be placed below this zone.
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24.89
4 important support areas can be observed.
- A support zone ranging from 27.95 to 29.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.17 to 27.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 25.14 to 25.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.17 to 29.28. 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 | UP | POSITIVE | The long term trend for CERY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CERY is up. |
| ChartMill Relative Strength | 63.56 | NEUTRAL | CERY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CERY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CERY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CERY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.5 | NEUTRAL | The RSI value for CERY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CERY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.41 | NEUTRAL | The Stochastics value for CERY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for CERY suggests low volalility. |
| Average Directional Index/ADX (14) | 12.8 | NEGATIVE | The low ADX value for CERY suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 29.29 | 28.60 | 0.69 (2.36%) | 25.00% |
| An entry @29.29. This is a Buy Stop order right above the resistance zone. | An exit @28.60. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.69 points, which is 2.36%. | For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
29.15
+0.05 (+0.17%)
SPDR BBG CMDTY ST NO K1 / CERY FAQ
What is the technical rating for CERY stock?
ChartMill assigns a technical rating of 7 / 10 to CERY.
What is the current trend direction of SPDR BBG CMDTY ST NO K1 (CERY) stock?
The current trend direction for SPDR BBG CMDTY ST NO K1 (CERY) is Bullish.
Can you provide the RSI signal for SPDR BBG CMDTY ST NO K1?
SPDR BBG CMDTY ST NO K1 (CERY) has an RSI value of 56.4988. This indicates that the stock is currently neutral.
What is the MACD signal for CERY stock?
The MACD indicator for SPDR BBG CMDTY ST NO K1 (CERY) has a value of -0.00765586, indicating a bearish trend.
What is the buy/sell signal for SPDR BBG CMDTY ST NO K1 (CERY) stock?
The buy/sell signal for SPDR BBG CMDTY ST NO K1 (CERY) is buy as both the short term and long term trends are positive.