NASDAQ:CHGX - Nasdaq - US02072L1513 - ETF - Currency: USD
Taking everything into account, CHGX scores 2 out of 10 in our technical rating. CHGX'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.
Although the technical rating is bad, CHGX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
23.99
We found 1 important support area.
3 important resistance areas can be observed.
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 CHGX is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHGX is down. |
ChartMill Relative Strength | 8.86 | NEGATIVE | CHGX has a low relative strength, it was outperformed by 91.14% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHGX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHGX is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHGX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.79 | NEUTRAL | The RSI value for CHGX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CHGX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 60.23 | NEUTRAL | The Stochastics value for CHGX is a neutral value. |
Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for CHGX suggests low volalility. |
Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for CHGX suggests a weak or negative trend. |
NASDAQ:CHGX (6/20/2025, 8:24:09 PM)
25.15
-0.01 (-0.04%)