CARLYLE SECURED LENDING INC (CGBD) Stock Technical Analysis
NASDAQ:CGBD • US8722801029
We assign a technical rating of 0 out of 10 to CGBD. CGBD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than CGBD.
- CGBD is one of the lesser performing stocks in the Capital Markets industry. 74% of 238 stocks in the same industry do better.
- CGBD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- CGBD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of CGBD 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
11.05
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.69 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.24 to 12.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.60 from a trend line in the daily time frame.
- Resistance @12.93 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 | DOWN | NEGATIVE | The long term trend for CGBD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGBD is down. |
| ChartMill Relative Strength | 12.74 | NEGATIVE | CGBD has a low relative strength, it was outperformed by 87.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGBD is below a declining 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) | 34.89 | NEUTRAL | The RSI value for CGBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CGBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.54 | NEUTRAL | The Stochastics value for CGBD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CGBD suggests some volalility. |
| Average Directional Index/ADX (14) | 45.3 | POSITIVE | The high ADX value value for CGBD suggests a strong trend. |
11.16
+0.04 (+0.36%)
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 0 / 10 to CGBD.
What is the current trend direction of CARLYLE SECURED LENDING INC (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 34.8881. This indicates that the stock is currently neutral.
What is the short term momentum for CGBD stock?
The short term momentum for CARLYLE SECURED LENDING INC (CGBD) is negative.
Can you provide the buy/sell signal for CARLYLE SECURED LENDING INC?
The buy/sell signal for CARLYLE SECURED LENDING INC (CGBD) is sell as both the short term and long term trends are negative.