ISHARES GLB GOVT BD CLIMATE (CGGD.AS) Stock Technical Analysis
AMS:CGGD - Euronext Amsterdam - IE00BL0BMG90 - ETF - Currency: USD
Taking everything into account, CGGD 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, CGGD is only an average performer.
Warning: CGGD has an average volume of 16358 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CGGD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CGGD is performing more or less in line with the market.
CGGD 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, CGGD outperforms 65% of them, which is more or less in line with the market.
Besides having an excellent technical rating, CGGD also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.91, a Stop Loss order could be placed below this zone.
More info and screens
3.53
4.07
We found 3 important support areas.
- A support zone ranging from 3.79 to 3.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @3.68 from a horizontal line in the daily time frame.
- A support zone ranging from 3.57 to 3.58. 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 3.93 to 4.03. This zone is formed by a combination of multiple trend lines 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 CGGD.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGGD.AS is up. |
| ChartMill Relative Strength | 65.08 | NEUTRAL | CGGD.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGGD.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGGD.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGGD.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.58 | NEUTRAL | The RSI value for CGGD.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CGGD.AS has a positive trend. |
| Stochastics (14,3) | 74.91 | NEUTRAL | The Stochastics value for CGGD.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.76 | LOW VOLATILITY | The low ATR as a percentage value for CGGD.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for CGGD.AS suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 3.95 | 3.86 | 0.10 (2.41%) | 25.00% |
| An entry @3.95. This is a Buy Stop order right above the 10 day high. | An exit @3.86. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 2.41%. | For a 0.60% 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.
AMS:CGGD (5/30/2025, 7:00:00 PM)
3.9237
+0.03 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.73%
1 Week0.96%
2 Weeks-0.08%
1 Month4.91%
3 Month6.12%
6 Month3.75%
12 Month1%
2 Year1.12%
3 Year-5.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.76%
ATR Inc0.55%
Range Today0.01
ADR(20)0.01
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.08
Mansfield-10
10 Day High3.94
10 Day Low3.87
20 Day High3.94
20 Day Low3.71
52 Week High4
52 Week Low3.58
CS1 End3.91
CR1 Start3.93
Volume & EV
DER(3)0%
DER(5)0%
Volume5.98K
Volume Incr-86.07%
Vol(5)1.25K
Vol(50)16.36K