CREATIVE GLOBAL TECHNOLOGY-A (CGTL) Stock Technical Analysis
NASDAQ:CGTL - Nasdaq - KYG2563P1028 - Common Stock - Currency: USD
Taking everything into account, CGTL scores 2 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CGTL is a bad performer in the overall market: 100% of all stocks are doing better.
CGTL is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 97% of 125 stocks in the same industry do better.
In the last month CGTL has a been trading in the 1.08 - 2.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CGTL has an average volume of 3680090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
CGTL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.13, a Stop Loss order could be placed below this zone.
More info and screens
0.97
1.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.98 from a trend 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 | 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 | 0 | NEGATIVE | CGTL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CGTL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGTL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 45.22 | NEUTRAL | The RSI value for CGTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CGTL has a negative trend. |
| Stochastics (14,3) | 8.92 | OVERSOLD | The low Stochastics value suggests CGTL may be oversold. |
| Average True Range in percent/ATR (20) | 33.21 | HIGH VOLATILITY | The high ATR as a percentage value for CGTL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for CGTL suggests a possible start of a new 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)
1.14
-0.06 (-5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-5%
1 Week-8.06%
2 Weeks-2.98%
1 Month23.52%
3 Month-78.2%
6 Month-79.93%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%33.21%
ATR Inc-41.76%
Range Today0.09
ADR(20)0.36
ADR(20)%31.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.42
10 Day Low1.08
20 Day High2.7
20 Day Low1.08
52 Week HighN/A
52 Week LowN/A
CS1 End1.13
CR1 StartN/A
Volume & EV
DER(3)-6.03%
DER(5)-7.51%
Volume965.10K
Volume Incr-83.66%
Vol(5)1.37M
Vol(50)3.68M