CARLYLE GROUP INC/THE (CG) Stock Technical Analysis
NASDAQ:CG - Nasdaq - US14316J1088 - Common Stock - Currency: USD
Taking everything into account, CG scores 6 out of 10 in our technical rating. CG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, CG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 46.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.26, a Stop Loss order could be placed below this zone.
More info and screens
36.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 43.84 to 44.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.59 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 46.43 to 46.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 47.43 to 47.91. 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 | NEUTRAL | NEUTRAL | The long term trend for CG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CG is up. |
| ChartMill Relative Strength | 75.37 | POSITIVE | CG has a high relative strength, it outperformed 75.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.39 | NEUTRAL | The RSI value for CG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.3 | NEUTRAL | The Stochastics value for CG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for CG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for CG 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 |
|---|---|---|---|
| 46.54 | 43.83 | 2.71 (5.82%) | 17.17% |
| An entry @46.54. This is a Buy Stop order right above the resistance zone. | An exit @43.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.71 points, which is 5.82%. | For a 1.00% total portfolio risk, you can invest 17.17% 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.
46.28
+1.04 (+2.3%)