Logo image of CGG

CGG (CGG) Stock Technical Analysis

NYSE:CGG - New York Stock Exchange, Inc. - US12531Q2049

2.76  +0.05 (+1.85%)

Technical Rating and Analysis

3

Overall CGG gets a technical rating of 3 out of 10. CGG'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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CGG is a bad performer in the overall market: 84% of all stocks are doing better.
CGG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: CGG has an average volume of 20814 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CGG has a been trading in the 2.53 - 2.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CGG / CGG Weekly stock chart
CGG / CGG Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, CGG does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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.
Support and Resistance Analysis

2.33

3.55

4 important support areas can be observed.

  • A support zone ranging from 2.69 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.60 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.44 from a horizontal line in the weekly time frame.
  • Support @2.35 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 2.85 to 2.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.94 from a horizontal line in the daily time frame.
  • Resistance @3.51 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.37
Mansfield-2.49
10 Day High2.99
10 Day Low2.55
20 Day High2.99
20 Day Low2.53
52 Week High7.5
52 Week Low1.88
Performance
1 Week-1.78%
2 Weeks7.81%
1 Month-3.5%
3 Month12.65%
6 Month38%
12 Month-49.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)51.6
LBB2.55
UBB2.9
CGG / CGG Daily stock chart

CGG

NYSE:CGG (10/1/2018, 8:04:02 PM)

2.76

+0.05 (+1.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.85%
1 Week-1.78%
2 Weeks7.81%
1 Month-3.5%
3 Month12.65%
6 Month38%
12 Month-49.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.08%
ATR Inc12%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.37
Mansfield-2.49
10 Day High2.99
10 Day Low2.55
20 Day High2.99
20 Day Low2.53
52 Week High7.5
52 Week Low1.88
CS1 End2.73
CR1 Start2.85
Volume & EV
DER(3)-8.42%
DER(5)-1.93%
Volume44.20K
Volume Incr-34.79%
Vol(5)15.18K
Vol(50)20.81K