
USA - NASDAQ:CRCG - US88340C7011 - ETF
Overall CRCG gets a technical rating of 0 out of 10. CRCG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CRCG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
4.94
When analyzing the resistance we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for CRCG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRCG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CRCG 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 CRCG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRCG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 33.21 | NEUTRAL | The RSI value for CRCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests CRCG has a negative trend. |
| Stochastics (14,3) | 6.77 | OVERSOLD | The low Stochastics value suggests CRCG may be oversold. |
| Average True Range in percent/ATR (20) | 20.82 | HIGH VOLATILITY | The high ATR as a percentage value for CRCG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.58 | NEUTRAL | The ADX value for CRCG suggests a possible start of a new trend. |
4.99
+0.26 (+5.5%)
ChartMill assigns a technical rating of 0 / 10 to CRCG.
The current trend direction for LEVERAGE SHARES 2X CRCL (CRCG) is Bearish.
LEVERAGE SHARES 2X CRCL (CRCG) has an RSI value of 33.2086. This indicates that the stock is currently neutral.
The MACD indicator for LEVERAGE SHARES 2X CRCL (CRCG) has a value of -0.441114, indicating a bearish trend.
LEVERAGE SHARES 2X CRCL (CRCG) has a resistance level at 9.06. Check the full technical report for our detailed analysis of CRCG support and resistance levels.