Taking everything into account, CG scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CG was also a bad performer in the overall market in the last year.
The technical rating of CG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
50.26
3 important support areas can be observed.
- A support zone ranging from 55.95 to 56.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.26 from a trend line in the weekly time frame.
- A support zone ranging from 50.77 to 52.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @58.36 from a horizontal line in the weekly time frame.
- Resistance @60.19 from a horizontal line in the daily time frame.
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 | 39.02 | NEUTRAL | CG is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.73 | NEUTRAL | The RSI value for CG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests CG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.11 | OVERBOUGHT | The high Stochastics value suggests CG may be overbought. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CG suggests some volalility. |
| Average Directional Index/ADX (14) | 27 | POSITIVE | The high ADX value value for CG suggests a strong trend. |
58.35
-1.83 (-3.04%)
CARLYLE GROUP INC/THE / CG FAQ
Can you provide the ChartMill technical rating for CARLYLE GROUP INC/THE?
ChartMill assigns a technical rating of 3 / 10 to CG.
What is the current trend direction of CARLYLE GROUP INC/THE (CG) stock?
The current trend direction for CARLYLE GROUP INC/THE (CG) is Bearish.
Can you provide the RSI signal for CARLYLE GROUP INC/THE?
CARLYLE GROUP INC/THE (CG) has an RSI value of 59.7321. This indicates that the stock is currently neutral.
What are the support and resistance levels for CARLYLE GROUP INC/THE (CG) stock?
CARLYLE GROUP INC/THE (CG) has a support level at 56.94 and a resistance level at 58.36. Check the full technical report for our detailed analysis of CG support and resistance levels.