CAP GROUP GROWTH EQUITY (CGGR) Technical Analysis
NYSEARCA:CGGR • US14020G1013
Current stock price
CGGR Technical Rating and Analysis
Overall CGGR gets a technical rating of 1 out of 10. CGGR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month CGGR has a been trading in the 41.00 - 43.61 range, which is quite wide. It is currently trading near the lows of this range.
- CGGR 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 CGGR is performing more or less in line with the market.
- CGGR has an average volume of 4070840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, CGGR outperforms 59% of them, which is more or less in line with the market.
CGGR Weekly and Daily overview Charts
CGGR Setup Rating and Analysis
Although the technical rating is bad, CGGR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 41.34, a Stop Loss order could be placed below this zone.
More info and screens
CGGR Support and Resistance Analysis
31.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.91 to 41.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.50 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.76 to 43.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.58 to 45.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
CGGR 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CGGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGGR is down. |
| ChartMill Relative Strength | 59.87 | NEUTRAL | CGGR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CGGR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.8 | NEUTRAL | The RSI value for CGGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CGGR has a negative trend. |
| Stochastics (14,3) | 22.11 | NEUTRAL | The Stochastics value for CGGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for CGGR suggests low volalility. |
| Average Directional Index/ADX (14) | 32.98 | POSITIVE | The high ADX value value for CGGR suggests a strong trend. |
CGGR Chart- and CandleStick Pattern Analysis
CGGR Technicals: Chart, Performance Metrics, Trend & Indicators
41.35
-0.31 (-0.74%)
CAP GROUP GROWTH EQUITY / CGGR TA FAQ
Can you provide the ChartMill technical rating for CAP GROUP GROWTH EQUITY?
ChartMill assigns a technical rating of 1 / 10 to CGGR.
What is the current trend direction of CAP GROUP GROWTH EQUITY (CGGR) stock?
The current trend direction for CAP GROUP GROWTH EQUITY (CGGR) is Bearish.
What is the RSI signal for CGGR stock?
CAP GROUP GROWTH EQUITY (CGGR) has an RSI value of 36.7979. This indicates that the stock is currently neutral.
What is the MACD signal for CAP GROUP GROWTH EQUITY (CGGR) stock?
The MACD indicator for CAP GROUP GROWTH EQUITY (CGGR) has a value of -0.0880343, indicating a bearish trend.
What is the short term momentum for CGGR stock?
The short term momentum for CAP GROUP GROWTH EQUITY (CGGR) is negative.