COREVALUE ALPHA GR CHINA GRW (CGRO) Stock Technical Analysis
NYSEARCA:CGRO - NYSE Arca - US88634T3941 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to CGRO. Both in the recent history as in the last year, CGRO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: CGRO has an average volume of 758 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CGRO did better than 76% of all other stocks.
CGRO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CGRO is lagging the market slightly.
In the last month CGRO has a been trading in a tight range between 25.35 and 26.80.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CGRO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.26, a Stop Loss order could be placed below this zone.
More info and screens
21.39
28.86
5 important support areas can be observed.
- A support zone ranging from 25.80 to 26.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.32 to 25.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.66 from a trend line in the weekly time frame.
- Support @23.14 from a horizontal line in the weekly time frame.
- Support @21.61 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.30 to 26.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.68 to 27.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 28.57 to 28.57. This zone is formed by a combination of multiple trend lines 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 CGRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGRO is up. |
| ChartMill Relative Strength | 76.49 | POSITIVE | CGRO has a high relative strength, it outperformed 76.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CGRO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for CGRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CGRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.98 | NEUTRAL | The Stochastics value for CGRO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for CGRO suggests low volalility. |
| Average Directional Index/ADX (14) | 8.57 | NEGATIVE | The low ADX value for CGRO 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)
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 |
|---|---|---|---|
| 26.31 | 26.01 | 0.30 (1.13%) | 25.00% |
| An entry @26.31. This is a Buy Stop order right above the 10 day moving average. | An exit @26.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.30 points, which is 1.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- The distance between exit and entry is rather small compared to the average daily movement of CGRO. Please evaluate whether better entry and exit points can be found.
- 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.
NYSEARCA:CGRO (7/11/2025, 8:04:02 PM)
26.2975
+0.02 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week1.03%
2 Weeks-0.32%
1 Month-1.84%
3 Month13.6%
6 Month21.67%
12 Month24.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.11%
ATR Inc-51.42%
Range Today0.08
ADR(20)0.1
ADR(20)%0.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.49
Mansfield0.26
10 Day High26.57
10 Day Low26.02
20 Day High26.8
20 Day Low25.35
52 Week High28.57
52 Week Low17.94
CS1 End26.26
CR1 Start26.3
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-50.88%
Vol(5)420
Vol(50)758