Taking everything into account, CRE scores 1 out of 10 in our technical rating. CRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CRE has a poor technical rating and the quality of the setup is also not perfect 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.
0.28
When analyzing the support we can see 2 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for CRE is neutral. |
| 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) | UP | POSITIVE | The current price of CRE is above the rising 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) | 49.93 | NEUTRAL | The RSI value for CRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CRE has a positive trend. |
| Stochastics (14,3) | 27.48 | NEUTRAL | The Stochastics value for CRE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.39 | HIGH VOLATILITY | The high ATR as a percentage value for CRE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for CRE suggests a weak or negative trend. |
0.3151
+0.02 (+6.2%)
ChartMill assigns a technical rating of 1 / 10 to CRE.
The current trend direction for CRE8 ENTERPRISE LTD-CL A (CRE) is Bearish.
CRE8 ENTERPRISE LTD-CL A (CRE) has an RSI value of 49.9316. This indicates that the stock is currently neutral.
The MACD indicator for CRE8 ENTERPRISE LTD-CL A (CRE) has a value of 0.00684746, indicating a bearish trend.
CRE8 ENTERPRISE LTD-CL A (CRE) has a support level at 0.29. Check the full technical report for our detailed analysis of CRE support and resistance levels.