CAP GROUP DIVIDEND VALUE (CGDV) Stock Technical Analysis
USA - NYSEARCA:CGDV - US14020W1062 - ETF
Overall CGDV gets a technical rating of 4 out of 10. In the last year, CGDV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CGDV has an average technical rating and the quality of the presented setup is also not ideal 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
32.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.92 to 41.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.14 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.14 to 43.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CGDV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGDV is neutral. |
| ChartMill Relative Strength | 77.42 | POSITIVE | CGDV has a high relative strength, it outperformed 77.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGDV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGDV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGDV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.83 | NEUTRAL | The RSI value for CGDV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CGDV has a negative trend. |
| Stochastics (14,3) | 20.56 | NEUTRAL | The Stochastics value for CGDV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for CGDV suggests low volalility. |
| Average Directional Index/ADX (14) | 13.18 | NEGATIVE | The low ADX value for CGDV suggests a weak or negative trend. |
41.94
-0.56 (-1.32%)
CAP GROUP DIVIDEND VALUE / CGDV FAQ
What is the technical rating for CGDV stock?
ChartMill assigns a technical rating of 4 / 10 to CGDV.
What is the trend direction for CGDV stock?
The current trend direction for CAP GROUP DIVIDEND VALUE (CGDV) is Bullish.
What is the RSI signal for CAP GROUP DIVIDEND VALUE (CGDV) stock?
CAP GROUP DIVIDEND VALUE (CGDV) has an RSI value of 40.8284. This indicates that the stock is currently neutral.
What is the MACD signal for CGDV stock?
The MACD indicator for CAP GROUP DIVIDEND VALUE (CGDV) has a value of -0.11983, indicating a bearish trend.
What is the short term momentum for CGDV stock?
The short term momentum for CAP GROUP DIVIDEND VALUE (CGDV) is neutral.