CONCORDE INTERNATION-CLASS A (CIGL) Stock Technical Analysis
USA - NASDAQ:CIGL - VGG2452S1002 - Common Stock
Taking everything into account, CIGL scores 1 out of 10 in our technical rating. CIGL 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, CIGL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.50, a Stop Loss order could be placed below this zone.
More info and screens
2.48
We found 1 important support area.
- A support zone ranging from 2.50 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.86 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages 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 CIGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIGL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CIGL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CIGL is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 44.1 | NEUTRAL | The RSI value for CIGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CIGL has a negative trend. |
| Stochastics (14,3) | 12.36 | OVERSOLD | The low Stochastics value suggests CIGL may be oversold. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for CIGL suggests high volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for CIGL suggests a possible start of a new trend. |
NASDAQ:CIGL (11/7/2025, 8:00:00 PM)
2.51
-0.07 (-2.71%)
CONCORDE INTERNATION-CLASS A / CIGL FAQ
What is the technical rating for CIGL stock?
ChartMill assigns a technical rating of 1 / 10 to CIGL.
Can you provide the trend direction for CONCORDE INTERNATION-CLASS A?
The current trend direction for CONCORDE INTERNATION-CLASS A (CIGL) is Bearish.
Can you provide the RSI signal for CONCORDE INTERNATION-CLASS A?
CONCORDE INTERNATION-CLASS A (CIGL) has an RSI value of 44.0962. This indicates that the stock is currently neutral.
What is the MACD signal for CONCORDE INTERNATION-CLASS A (CIGL) stock?
The MACD indicator for CONCORDE INTERNATION-CLASS A (CIGL) has a value of -0.00810285, indicating a bearish trend.
What are the support and resistance levels for CONCORDE INTERNATION-CLASS A (CIGL) stock?
CONCORDE INTERNATION-CLASS A (CIGL) has a support level at 2.5 and a resistance level at 2.86. Check the full technical report for our detailed analysis of CIGL support and resistance levels.