CAP GROUP NEW GEOGRAPHY EQ (CGNG) Stock Technical Analysis
USA - NYSEARCA:CGNG - US14021N1054 - ETF
30.48 USD
-0.01 (-0.03%)
30.46 USD
-0.02 (-0.07%)
Taking everything into account, CGNG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CGNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CGNG did better than 72% of all other stocks. On top of that, CGNG also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by CGNG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CGNG has a been trading in a tight range between 29.01 and 30.52.
Although CGNG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.74
30.78
3 important support areas can be observed.
- A support zone ranging from 29.02 to 30.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.33 to 28.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.00 from a horizontal line in the daily time frame.
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 CGNG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGNG is up. |
| ChartMill Relative Strength | 72.5 | POSITIVE | CGNG has a high relative strength, it outperformed 72.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGNG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGNG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.85 | OVERBOUGHT | The high RSI value suggests CGNG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CGNG has a positive trend. |
| Stochastics (14,3) | 97.13 | OVERBOUGHT | The high Stochastics value suggests CGNG may be overbought. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for CGNG suggests low volalility. |
| Average Directional Index/ADX (14) | 18.97 | NEGATIVE | The low ADX value for CGNG suggests a weak or negative trend. |
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)
30.48
-0.01 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week2.56%
2 Weeks2.63%
1 Month3.74%
3 Month9.68%
6 Month19.06%
12 Month20.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%0.78%
ATR Inc-23.68%
Range Today0.1
ADR(20)0.18
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.5
Mansfield0.35
10 Day High30.52
10 Day Low29.02
20 Day High30.52
20 Day Low29.01
52 Week High30.52
52 Week Low22.22
CS1 End30.14
CR1 StartN/A
Volume & EV
DER(3)6.65%
DER(5)4.56%
Volume943.00K
Volume Incr-1.1%
Vol(5)408.55K
Vol(50)332.13K