Taking everything into account, CG scores 2 out of 10 in our technical rating. CG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month CG has a been trading in the 53.95 - 67.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- CG is one of the better performing stocks in the Capital Markets industry, it outperforms 77% of 238 stocks in the same industry.
- CG has an average volume of 2514750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, CG outperforms 58% of them, which is more or less in line with the market.
- CG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CG is lagging the market.
The technical rating of CG is bad and it also does not present a 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.
More info and screens
50.26
When analyzing the support we can see 3 important areas.
- Support @53.56 from a trend line in the daily time frame.
- Support @51.71 from a horizontal line in the weekly time frame.
- Support @50.77 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 59.41 to 60.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @65.57 from a trend 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 | DOWN | NEGATIVE | The short term trend for CG is down. |
| ChartMill Relative Strength | 58.36 | NEUTRAL | CG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CG is below 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) | 31.89 | NEUTRAL | The RSI value for CG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests CG has a negative trend. |
| Stochastics (14,3) | 16.47 | OVERSOLD | The low Stochastics value suggests CG may be oversold. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for CG suggests a possible start of a new trend. |
55.41
-2.98 (-5.1%)
CARLYLE GROUP INC/THE / CG FAQ
Can you provide the ChartMill technical rating for CARLYLE GROUP INC/THE?
ChartMill assigns a technical rating of 2 / 10 to CG.
What is the trend direction for 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 31.8858. This indicates that the stock is currently neutral.
What is the support and resistance level for CG stock?
CARLYLE GROUP INC/THE (CG) has a support level at 53.56 and a resistance level at 59.41. Check the full technical report for our detailed analysis of CG support and resistance levels.