CARLYLE SECURED LENDING INC (CGBD) Stock Technical Analysis
NASDAQ:CGBD - Nasdaq - US8722801029 - Common Stock - Currency: USD
Taking everything into account, CGBD scores 2 out of 10 in our technical rating. In the past year, CGBD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
When comparing the yearly performance of all stocks, CGBD is a bad performer in the overall market: 87% of all stocks are doing better.
CGBD is one of the lesser performing stocks in the Capital Markets industry. 82% of 236 stocks in the same industry do better.
CGBD 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.
In the last month CGBD has a been trading in the 13.51 - 14.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, CGBD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.21. Right above this resistance zone may be a good entry point. 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
13.27
18.48
2 important support areas can be observed.
- A support zone ranging from 13.96 to 14.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.40 to 13.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.21 to 14.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CGBD is neutral. |
| ChartMill Relative Strength | 13.4 | NEGATIVE | CGBD has a low relative strength, it was outperformed by 86.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGBD is above 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) | 56.93 | NEUTRAL | The RSI value for CGBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CGBD has a positive trend. |
| Stochastics (14,3) | 41.58 | NEUTRAL | The Stochastics value for CGBD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for CGBD suggests low volalility. |
| Average Directional Index/ADX (14) | 16.47 | NEGATIVE | The low ADX value for CGBD 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)
14.2
+0.24 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.72%
1 Week1.65%
2 Weeks0.14%
1 Month1.87%
3 Month-3.92%
6 Month-22.45%
12 Month-22.4%
2 Year-9.55%
3 Year4.49%
5 Year74.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.71%
ATR Inc25.61%
Range Today0.31
ADR(20)0.23
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.4
Mansfield-2.08
10 Day High14.32
10 Day Low13.76
20 Day High14.49
20 Day Low13.51
52 Week High18.64
52 Week Low13.12
CS1 End14.03
CR1 Start14.21
Volume & EV
DER(3)-2.98%
DER(5)0.29%
Volume826.70K
Volume Incr0.25%
Vol(5)445.42K
Vol(50)403.54K