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CAP GROUP GLOBAL EQ (CGGE) Stock Technical Analysis

NYSEARCA:CGGE - NYSE Arca - US14020R1077 - ETF - Currency: USD

29.25  +0.09 (+0.31%)

Technical Rating and Analysis

8

Taking everything into account, CGGE scores 8 out of 10 in our technical rating. Although CGGE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
CGGE 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.
When comparing the yearly performance of all stocks, we notice that CGGE is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month CGGE has a been trading in a tight range between 27.85 and 29.35.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CAP GROUP GLOBAL EQ / CGGE Weekly stock chart
CAP GROUP GLOBAL EQ / CGGE Daily stock chart
Setup Rating and Analysis

8

CGGE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.26. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CGGE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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

25.42

29.74

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 27.62 to 28.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.33 from a horizontal line in the daily time frame.
  • Support @25.68 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 29.26 to 29.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CGGE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CGGE is up.
ChartMill Relative Strength73.01POSITIVECGGE has a high relative strength, it outperformed 73.01% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CGGE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CGGE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CGGE is above the rising SMA(200).
Relative Strength Index/RSI (14)64.47NEUTRALThe RSI value for CGGE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests CGGE has a negative trend.
Stochastics (14,3)91.37OVERBOUGHTThe high Stochastics value suggests CGGE may be overbought.
Average True Range in percent/ATR (20)0.86LOW VOLATILITYThe low ATR as a percentage value for CGGE suggests low volalility.
Average Directional Index/ADX (14)24.14NEUTRALThe ADX value for CGGE suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
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.

ENTRYEXITDISTANCECAPITAL
29.4628.900.56 (1.90%)25.00%
An entry @29.46. This is a Buy Stop order right above the resistance zone.An exit @28.90. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.56 points, which is 1.90%.For a 0.48% 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.
CAP GROUP GLOBAL EQ / CGGE Daily stock chart

CAP GROUP GLOBAL EQ

NYSEARCA:CGGE (7/14/2025, 6:30:00 PM)

29.25

+0.09 (+0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.31%
1 Week0.45%
2 Weeks0.76%
1 Month2.13%
3 Month16.95%
6 Month12.28%
12 Month16.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.86%
ATR Inc-19.67%
Range Today0.17
ADR(20)0.2
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.01
Mansfield0.23
10 Day High29.35
10 Day Low28.91
20 Day High29.35
20 Day Low27.85
52 Week High29.35
52 Week Low22.77
CS1 End28.16
CR1 Start29.26
Volume & EV
DER(3)7.37%
DER(5)4.66%
Volume209.36K
Volume Incr35.63%
Vol(5)306.73K
Vol(50)206.04K