CREATIVE GLOBAL TECHNOLOGY-A (CGTL) Technical Analysis
NASDAQ:CGTL • KYG2563P1028
Current stock price
CGTL Technical Rating and Analysis
Taking everything into account, CGTL scores 1 out of 10 in our technical rating. CGTL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CGTL is a bad performer in the overall market: 99% of all stocks are doing better.
- CGTL is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 91% of 124 stocks in the same industry do better.
- CGTL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CGTL has a been trading in the 0.77 - 1.39 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
CGTL Weekly and Daily overview Charts
CGTL Setup Rating and Analysis
Although the technical rating is bad, CGTL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.25. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CGTL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CGTL Support and Resistance Analysis
0.80
We found 5 important support areas.
- Support @1.18 from a horizontal line in the daily time frame.
- Support @1.13 from a trend line in the weekly time frame.
- Support @1.05 from a horizontal line in the weekly time frame.
- Support @0.84 from a trend line in the daily time frame.
- Support @0.81 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.25 to 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
CGTL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CGTL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CGTL is down. |
| ChartMill Relative Strength | 1.12 | NEGATIVE | CGTL has a low relative strength, it was outperformed by 98.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGTL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CGTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for CGTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CGTL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.21 | NEUTRAL | The Stochastics value for CGTL is a neutral value. |
| Average True Range in percent/ATR (20) | 11.45 | HIGH VOLATILITY | The high ATR as a percentage value for CGTL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for CGTL suggests a weak or negative trend. |
CGTL Chart- and CandleStick Pattern Analysis
CGTL Technicals: Chart, Performance Metrics, Trend & Indicators
1.19
-0.01 (-0.83%)
CREATIVE GLOBAL TECHNOLOGY-A / CGTL TA FAQ
What is the ChartMill technical rating of CREATIVE GLOBAL TECHNOLOGY-A (CGTL) stock?
ChartMill assigns a technical rating of 1 / 10 to CGTL.
What is the current trend direction of CREATIVE GLOBAL TECHNOLOGY-A (CGTL) stock?
The current trend direction for CREATIVE GLOBAL TECHNOLOGY-A (CGTL) is Bearish.
What is the RSI signal for CREATIVE GLOBAL TECHNOLOGY-A (CGTL) stock?
CREATIVE GLOBAL TECHNOLOGY-A (CGTL) has an RSI value of 42.6184. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CREATIVE GLOBAL TECHNOLOGY-A?
The buy/sell signal for CREATIVE GLOBAL TECHNOLOGY-A (CGTL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CGTL stock?
CREATIVE GLOBAL TECHNOLOGY-A (CGTL) has a support level at 1.18 and a resistance level at 1.25. Check the full technical report for our detailed analysis of CGTL support and resistance levels.