CAP GROUP INTL EQUITY (CGIE) Stock Technical Analysis
USA - NYSEARCA:CGIE - US14021M1071 - ETF
Taking everything into account, CGIE scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGIE is showing a nice and steady performance.
CGIE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.25, a Stop Loss order could be placed below this zone.
More info and screens
27.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.13 to 34.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.81 to 31.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.62 to 34.62. 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 CGIE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGIE is up. |
| ChartMill Relative Strength | 70.11 | POSITIVE | CGIE has a high relative strength, it outperformed 70.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGIE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGIE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGIE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.15 | NEUTRAL | The RSI value for CGIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CGIE has a positive trend. |
| Stochastics (14,3) | 93.41 | OVERBOUGHT | The high Stochastics value suggests CGIE may be overbought. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for CGIE suggests low volalility. |
| Average Directional Index/ADX (14) | 12.67 | NEGATIVE | The low ADX value for CGIE suggests a weak or negative 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 |
|---|---|---|---|
| 34.63 | 33.64 | 0.99 (2.86%) | 25.00% |
| An entry @34.63. This is a Buy Stop order right above the resistance zone. | An exit @33.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.99 points, which is 2.86%. | For a 0.71% 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.
34.61
+0.04 (+0.12%)
CAP GROUP INTL EQUITY / CGIE FAQ
Can you provide the ChartMill technical rating for CAP GROUP INTL EQUITY?
ChartMill assigns a technical rating of 9 / 10 to CGIE.
What is the trend direction for CGIE stock?
The current trend direction for CAP GROUP INTL EQUITY (CGIE) is Bullish.
Can you provide the RSI signal for CAP GROUP INTL EQUITY?
CAP GROUP INTL EQUITY (CGIE) has an RSI value of 61.1505. This indicates that the stock is currently neutral.
What is the buy/sell signal for CGIE stock?
The buy/sell signal for CAP GROUP INTL EQUITY (CGIE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CGIE stock?
CAP GROUP INTL EQUITY (CGIE) has a support level at 34.25 and a resistance level at 34.62. Check the full technical report for our detailed analysis of CGIE support and resistance levels.