CHINA GREEN AGRICULTURE INC (CGA) Stock Technical Analysis
USA - NYSE:CGA - US16943W2044 - Common Stock
1.98 USD
+0.01 (+0.51%)
2 USD
+0.02 (+1.01%)
Overall CGA gets a technical rating of 3 out of 10. CGA 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CGA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: CGA has an average volume of 17918 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, CGA outperforms 41% of them, which is more or less in line with the market.
CGA is part of the Chemicals industry. There are 83 other stocks in this industry, CGA did better than 58% of them.
In the last month CGA has a been trading in the 1.63 - 2.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
CGA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.62
2.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.96 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.64 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @1.99 from a horizontal line in the weekly time frame.
- Resistance @2.09 from a horizontal line in the daily time frame.
- Resistance @2.27 from a trend line in the weekly time frame.
- Resistance @2.32 from a trend line in the daily time frame.
- A resistance zone ranging from 2.48 to 2.49. 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 | DOWN | NEGATIVE | The long term trend for CGA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGA is neutral. |
| ChartMill Relative Strength | 41.44 | NEUTRAL | CGA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CGA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.19 | NEUTRAL | The RSI value for CGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CGA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for CGA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.06 | HIGH VOLATILITY | The high ATR as a percentage value for CGA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.99 | NEGATIVE | The low ADX value for CGA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.98
+0.01 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.51%
1 Week10.61%
2 Weeks-2.46%
1 Month4.22%
3 Month10%
6 Month-32.65%
12 Month-2.22%
2 Year-60.22%
3 Year-79.05%
5 Year-34.87%
10 Year-91.79%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%10.06%
ATR Inc-22.12%
Range Today0.14
ADR(20)0.19
ADR(20)%9.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.44
Mansfield-2.65
10 Day High2.2
10 Day Low1.63
20 Day High2.2
20 Day Low1.63
52 Week High4
52 Week Low1.6
CS1 End1.97
CR1 Start1.99
Volume & EV
DER(3)-6.54%
DER(5)-2.21%
Volume25.91K
Volume Incr56.59%
Vol(5)32.10K
Vol(50)17.92K