We assign a technical rating of 8 out of 10 to CGO. Although CGO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: CGO has an average volume of 24200 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by CGO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- CGO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, CGO outperforms 57% of them, which is more or less in line with the market.
Although CGO has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
10.81
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.66 to 11.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.47 from a horizontal line in the daily time frame.
- Support @11.24 from a horizontal line in the daily time frame.
- A support zone ranging from 10.92 to 11.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.31 to 12.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 CGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGO is up. |
| ChartMill Relative Strength | 57.55 | NEUTRAL | CGO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.17 | NEUTRAL | The RSI value for CGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests CGO may be overbought. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for CGO suggests low volalility. |
| Average Directional Index/ADX (14) | 32.75 | POSITIVE | The high ADX value value for CGO suggests a strong trend. |
NASDAQ:CGO (2/4/2026, 4:11:39 PM)
12.3
-0.03 (-0.24%)
CALAMOS GLOBAL TOTAL RETURN / CGO FAQ
What is the ChartMill technical rating of CALAMOS GLOBAL TOTAL RETURN (CGO) stock?
ChartMill assigns a technical rating of 8 / 10 to CGO.
Can you provide the trend direction for CALAMOS GLOBAL TOTAL RETURN?
The current trend direction for CALAMOS GLOBAL TOTAL RETURN (CGO) is Bullish.
Can you provide the RSI signal for CALAMOS GLOBAL TOTAL RETURN?
CALAMOS GLOBAL TOTAL RETURN (CGO) has an RSI value of 65.1678. This indicates that the stock is currently neutral.
What is the MACD signal for CALAMOS GLOBAL TOTAL RETURN (CGO) stock?
The MACD indicator for CALAMOS GLOBAL TOTAL RETURN (CGO) has a value of 0.000121379, indicating a bearish trend.
What is the short term momentum for CALAMOS GLOBAL TOTAL RETURN (CGO) stock?
The short term momentum for CALAMOS GLOBAL TOTAL RETURN (CGO) is positive.