Taking everything into account, CGBD 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. CGBD was also a bad performer in the overall market in the last year.
CGBD 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 a resistance zone just above the current price starting at 12.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.71, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.51
2 important support areas can be observed.
- A support zone ranging from 12.50 to 12.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.63 to 11.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.80 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.49 from a trend line in the daily time frame.
- Resistance @14.39 from a horizontal line in the daily time frame.
- Resistance @18.30 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CGBD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGBD is up. |
| ChartMill Relative Strength | 20.45 | NEGATIVE | CGBD has a low relative strength, it was outperformed by 79.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CGBD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGBD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CGBD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.01 | NEUTRAL | The RSI value for CGBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CGBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.59 | NEUTRAL | The Stochastics value for CGBD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for CGBD suggests low volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for CGBD suggests a weak or negative trend. |
12.71
+0.06 (+0.47%)
CARLYLE SECURED LENDING INC / CGBD FAQ
What is the ChartMill technical rating of CARLYLE SECURED LENDING INC (CGBD) stock?
ChartMill assigns a technical rating of 3 / 10 to CGBD.
What is the trend direction for CGBD stock?
The current trend direction for CARLYLE SECURED LENDING INC (CGBD) is Bearish.
What is the RSI signal for CGBD stock?
CARLYLE SECURED LENDING INC (CGBD) has an RSI value of 53.0138. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CARLYLE SECURED LENDING INC?
The short term momentum for CARLYLE SECURED LENDING INC (CGBD) is positive.
What is the buy/sell signal for CARLYLE SECURED LENDING INC (CGBD) stock?
The buy/sell signal for CARLYLE SECURED LENDING INC (CGBD) is hold as the short term and long term trends are mixed.