NYSEARCA:CGIB - NYSE Arca - US14020Y7067 - ETF - Currency: USD
Taking everything into account, CGIB scores 1 out of 10 in our technical rating. CGIB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of CGIB is bad and it also does not present a quality setup 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.
24.64
We found 1 important support area.
We found 1 important resistance area.
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 CGIB is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGIB is down. |
ChartMill Relative Strength | 27.43 | NEGATIVE | CGIB has a low relative strength, it was outperformed by 72.57% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGIB is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGIB is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CGIB is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 33.35 | NEUTRAL | The RSI value for CGIB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CGIB has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 10.58 | OVERSOLD | The low Stochastics value suggests CGIB may be oversold. |
Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for CGIB suggests low volalility. |
Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for CGIB suggests a strong trend. |
NYSEARCA:CGIB (7/18/2025, 8:04:03 PM)
25.08
+0.01 (+0.04%)