CRE8 ENTERPRISE LTD-CL A (CRE) Stock Technical Analysis
NASDAQ:CRE • VGG2R63D1050
We assign a technical rating of 0 out of 10 to CRE. CRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CRE is a bad performer in the overall market: 100% of all stocks are doing better.
- CRE is one of the lesser performing stocks in the Commercial Services & Supplies industry. 93% of 80 stocks in the same industry do better.
- In the last month CRE has a been trading in the 1.68 - 5.76 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of CRE 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.
More info and screens
2.48
3 important resistance areas can be observed.
- A resistance zone ranging from 2.93 to 2.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.10 from a trend line in the daily time frame.
- Resistance @3.50 from a trend line 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 CRE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CRE 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 CRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.33 | NEUTRAL | The RSI value for CRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.6 | NEUTRAL | The Stochastics value for CRE is a neutral value. |
| Average True Range in percent/ATR (20) | 21.05 | HIGH VOLATILITY | The high ATR as a percentage value for CRE suggests high volalility. |
| Average Directional Index/ADX (14) | 28.97 | POSITIVE | The high ADX value value for CRE suggests a strong trend. |
2.5
-0.01 (-0.4%)
CRE8 ENTERPRISE LTD-CL A / CRE FAQ
Can you provide the ChartMill technical rating for CRE8 ENTERPRISE LTD-CL A?
ChartMill assigns a technical rating of 0 / 10 to CRE.
What is the current trend direction of CRE8 ENTERPRISE LTD-CL A (CRE) stock?
The current trend direction for CRE8 ENTERPRISE LTD-CL A (CRE) is Bearish.
Can you provide the RSI signal for CRE8 ENTERPRISE LTD-CL A?
CRE8 ENTERPRISE LTD-CL A (CRE) has an RSI value of 32.3299. This indicates that the stock is currently neutral.
What is the MACD signal for CRE stock?
The MACD indicator for CRE8 ENTERPRISE LTD-CL A (CRE) has a value of -0.0905097, indicating a bearish trend.
What is the support and resistance level for CRE stock?
CRE8 ENTERPRISE LTD-CL A (CRE) has a resistance level at 2.93. Check the full technical report for our detailed analysis of CRE support and resistance levels.