We assign a technical rating of 2 out of 10 to CIGI. CIGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CIGI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 146.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 144.69, a Stop Loss order could be placed below this zone.
113.40
3 important support areas can be observed.
2 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 | NEUTRAL | NEUTRAL | The long term trend for CIGI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CIGI is neutral. |
| ChartMill Relative Strength | 35.32 | NEUTRAL | CIGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for CIGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests CIGI has a positive trend. |
| Stochastics (14,3) | 71.98 | NEUTRAL | The Stochastics value for CIGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for CIGI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for CIGI suggests a weak or negative trend. |
146.4
+3.12 (+2.18%)
ChartMill assigns a technical rating of 2 / 10 to CIGI.
The current trend direction for COLLIERS INTL GR-SUBORD VOT (CIGI) is Bearish.
COLLIERS INTL GR-SUBORD VOT (CIGI) has an RSI value of 51.1. This indicates that the stock is currently neutral.
COLLIERS INTL GR-SUBORD VOT (CIGI) has a support level at 144.69 and a resistance level at 146.85. Check the full technical report for our detailed analysis of CIGI support and resistance levels.