NASDAQ:CIGI - Nasdaq - CA1946931070 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CIGI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CIGI is only an average performer.
CIGI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 134.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 131.95, a Stop Loss order could be placed below this zone.
114.51
3 important support areas can be observed.
We found 1 important resistance area.
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 CIGI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIGI is up. |
ChartMill Relative Strength | 69.89 | 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) | UP | POSITIVE | The current price of CIGI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CIGI is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 63.1 | NEUTRAL | The RSI value for CIGI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CIGI has a positive trend. |
Stochastics (14,3) | 84.54 | OVERBOUGHT | The high Stochastics value suggests CIGI may be overbought. |
Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CIGI suggests some volalility. |
Average Directional Index/ADX (14) | 27.41 | POSITIVE | The high ADX value value for CIGI suggests a strong trend. |
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 |
---|---|---|---|
134.75 | 128.28 | 6.47 (4.81%) | 20.81% |
An entry @134.75. This is a Buy Stop order right above the resistance zone. | An exit @128.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.47 points, which is 4.81%. | When investing 20.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
134.53
-0.2 (-0.15%)