NASDAQ:CGBSW -
We assign a technical rating of 0 out of 10 to CGBSW. CGBSW'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.
Although the technical rating is bad, CGBSW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
0.02
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 CGBSW is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGBSW is neutral. |
ChartMill Relative Strength | 2.85 | NEGATIVE | CGBSW has a low relative strength, it was outperformed by 97.15% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGBSW is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGBSW is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of CGBSW is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.16 | NEUTRAL | The RSI value for CGBSW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CGBSW has a negative trend. |
Stochastics (14,3) | 42.56 | NEUTRAL | The Stochastics value for CGBSW is a neutral value. |
Average True Range in percent/ATR (20) | 24.96 | HIGH VOLATILITY | The high ATR as a percentage value for CGBSW suggests high volalility. |
Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for CGBSW suggests a weak or negative trend. |
0.026
0 (-13.04%)