Global Commodity Equity ETF (CRBQ) Technical Analysis
NYSEARCA:CRBQ
Current stock price
CRBQ Technical Rating and Analysis
Taking everything into account, CRBQ scores 4 out of 10 in our technical rating. In the past year, CRBQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 79% of all other stocks performed better in the past year than CRBQ.
- Warning: CRBQ has an average volume of 2728 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- CRBQ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRBQ is lagging the market slightly.
- In the last month CRBQ has a been trading in the 29.00 - 32.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CRBQ Weekly and Daily overview Charts
CRBQ Setup Rating and Analysis
CRBQ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CRBQ Support and Resistance Analysis
29.61
When analyzing the support we notice one important area.
- A support zone ranging from 29.91 to 30.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 32.25 to 32.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.37 from a trend line in the weekly time frame.
- Resistance @39.06 from a trend line in the weekly time frame.
CRBQ Technical Indicator Signal Analysis
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 CRBQ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRBQ is neutral. |
| ChartMill Relative Strength | 21.96 | NEGATIVE | CRBQ has a low relative strength, it was outperformed by 78.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRBQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRBQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRBQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.8 | NEUTRAL | The RSI value for CRBQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CRBQ has a negative trend. |
| Stochastics (14,3) | 45.47 | NEUTRAL | The Stochastics value for CRBQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for CRBQ suggests low volalility. |
CRBQ Chart- and CandleStick Pattern Analysis
CRBQ Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:CRBQ (3/24/2016, 8:26:50 PM)
30.24
-1.57 (-4.94%)
Global Commodity Equity ETF / CRBQ TA FAQ
Can you provide the ChartMill technical rating for Global Commodity Equity ETF?
ChartMill assigns a technical rating of 4 / 10 to CRBQ.
What is the current trend direction of Global Commodity Equity ETF (CRBQ) stock?
The current trend direction for Global Commodity Equity ETF (CRBQ) is Bearish.
What is the RSI signal for CRBQ stock?
Global Commodity Equity ETF (CRBQ) has an RSI value of 47.8032. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Global Commodity Equity ETF?
The MACD indicator for Global Commodity Equity ETF (CRBQ) has a value of -0.116188, indicating a bearish trend.
What are the support and resistance levels for Global Commodity Equity ETF (CRBQ) stock?
Global Commodity Equity ETF (CRBQ) has a support level at 30.23 and a resistance level at 32.25. Check the full technical report for our detailed analysis of CRBQ support and resistance levels.