CAP GROUP INTL CORE EQ (CGIC) Stock Technical Analysis
NYSEARCA:CGIC • US14021T1025
We assign a technical rating of 10 out of 10 to CGIC. Both in the recent history as in the last year, CGIC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CGIC is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, CGIC also shows a nice and consistent pattern of rising prices.
- CGIC 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.
- In the last month CGIC has a been trading in the 33.51 - 35.88 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Volume is considerably higher in the last couple of days.
CGIC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 35.11, a Stop Loss order could be placed below this zone. 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.
More info and screens
23.85
We found 6 important support areas.
- A support zone ranging from 34.76 to 35.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.09 to 33.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.55 from a trend line in the daily time frame.
- A support zone ranging from 30.44 to 30.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.64 from a horizontal line in the daily time frame.
- Support @24.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.37 to 35.81. 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 CGIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGIC is up. |
| ChartMill Relative Strength | 82.81 | POSITIVE | CGIC has a high relative strength, it outperformed 82.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.48 | NEUTRAL | The RSI value for CGIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CGIC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.6 | NEUTRAL | The Stochastics value for CGIC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for CGIC suggests low volalility. |
| Average Directional Index/ADX (14) | 41.76 | POSITIVE | The high ADX value value for CGIC suggests a strong trend. |
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 |
|---|---|---|---|
| 35.82 | 34.75 | 1.07 (2.99%) | 25.00% |
| An entry @35.82. This is a Buy Stop order right above the resistance zone. | An exit @34.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.07 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
35.36
-0.05 (-0.14%)
CAP GROUP INTL CORE EQ / CGIC FAQ
What is the technical rating for CGIC stock?
ChartMill assigns a technical rating of 10 / 10 to CGIC.
What is the current trend direction of CAP GROUP INTL CORE EQ (CGIC) stock?
The current trend direction for CAP GROUP INTL CORE EQ (CGIC) is Bullish.
What is the RSI signal for CGIC stock?
CAP GROUP INTL CORE EQ (CGIC) has an RSI value of 62.4769. This indicates that the stock is currently neutral.
What is the MACD signal for CGIC stock?
The MACD indicator for CAP GROUP INTL CORE EQ (CGIC) has a value of 0.00658645, indicating a bearish trend.
Can you provide the buy/sell signal for CAP GROUP INTL CORE EQ?
The buy/sell signal for CAP GROUP INTL CORE EQ (CGIC) is buy as both the short term and long term trends are positive.