CAP GROUP CORE BALANCED (CGBL) Technical Analysis
NYSEARCA:CGBL • US14021D1072
Current stock price
CGBL Technical Rating and Analysis
Taking everything into account, CGBL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CGBL is only an average performer.
- The long and short term trends are both positive. This is looking good!
- CGBL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CGBL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CGBL has an average volume of 1190440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, CGBL turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
CGBL Weekly and Daily overview Charts
CGBL Setup Rating and Analysis
Besides having an excellent technical rating, CGBL also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 36.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGBL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CGBL Support and Resistance Analysis
33.06
2 important support areas can be observed.
- A support zone ranging from 35.70 to 36.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.39 to 34.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 36.83 to 36.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
CGBL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CGBL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGBL is up. |
| ChartMill Relative Strength | 56.97 | NEUTRAL | CGBL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGBL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGBL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGBL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.84 | NEUTRAL | The RSI value for CGBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CGBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.24 | NEUTRAL | The Stochastics value for CGBL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for CGBL suggests low volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for CGBL suggests a weak or negative trend. |
CGBL Chart- and CandleStick Pattern Analysis
CGBL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.84 | 36.19 | 0.65 (1.76%) | 25.00% |
| An entry @36.84. This is a Buy Stop order right above the resistance zone. | An exit @36.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.65 points, which is 1.76%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CGBL Technicals: Chart, Performance Metrics, Trend & Indicators
36.68
+0.02 (+0.05%)
CAP GROUP CORE BALANCED / CGBL TA FAQ
What is the technical rating for CGBL stock?
ChartMill assigns a technical rating of 7 / 10 to CGBL.
What is the trend direction for CGBL stock?
The current trend direction for CAP GROUP CORE BALANCED (CGBL) is Bullish.
What is the RSI signal for CAP GROUP CORE BALANCED (CGBL) stock?
CAP GROUP CORE BALANCED (CGBL) has an RSI value of 60.8429. This indicates that the stock is currently neutral.
What is the short term momentum for CAP GROUP CORE BALANCED (CGBL) stock?
The short term momentum for CAP GROUP CORE BALANCED (CGBL) is positive.
What is the buy/sell signal for CAP GROUP CORE BALANCED (CGBL) stock?
The buy/sell signal for CAP GROUP CORE BALANCED (CGBL) is buy as both the short term and long term trends are positive.