2.34 USD
-0.16 (-6.4%)
2.36 USD
+0.02 (+0.85%)
Taking everything into account, CRGO scores 0 out of 10 in our technical rating. CRGO'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 91% of all other stocks performed better in the past year than CRGO.
- CRGO is one of the lesser performing stocks in the Air Freight & Logistics industry. 68% of 23 stocks in the same industry do better.
- CRGO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CRGO has a been trading in the 2.00 - 2.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CRGO has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
2.08
3.77
We found 3 important support areas.
- Support @2.27 from a trend line in the weekly time frame.
- Support @2.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.10 to 2.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.35 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.65 from a trend line in the daily time frame.
- Resistance @3.73 from a trend line in the weekly 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 CRGO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRGO is neutral. |
| ChartMill Relative Strength | 9.68 | NEGATIVE | CRGO has a low relative strength, it was outperformed by 90.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CRGO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.22 | NEUTRAL | The RSI value for CRGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CRGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.7 | NEUTRAL | The Stochastics value for CRGO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.33 | HIGH VOLATILITY | The high ATR as a percentage value for CRGO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.42 | POSITIVE | The high ADX value value for CRGO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.34
-0.16 (-6.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-6.4%
1 Week-13.33%
2 Weeks6.85%
1 Month-0.43%
3 Month-31.98%
6 Month-22%
12 Month-34.27%
2 Year-22%
3 Year-74.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%8.33%
ATR Inc21.35%
Range Today0.33
ADR(20)0.18
ADR(20)%7.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.68
3 months CRS9.43
6 months CRS14.57
Mansfield-2.49
10 Day High2.9
10 Day Low2
20 Day High2.9
20 Day Low2
52 Week High4.25
52 Week Low1.72
CS1 End2.27
CR1 Start2.35
Volume & EV
DER(3)1.72%
DER(5)-1.95%
Volume252.40K
Volume Incr76.16%
Vol(5)201.68K
Vol(50)103.42K
FREIGHTOS LTD / CRGO FAQ
What is the ChartMill technical rating of FREIGHTOS LTD (CRGO) stock?
ChartMill assigns a technical rating of 0 / 10 to CRGO.
What is the trend direction for CRGO stock?
The current trend direction for FREIGHTOS LTD (CRGO) is Bearish.
What is the RSI signal for FREIGHTOS LTD (CRGO) stock?
FREIGHTOS LTD (CRGO) has an RSI value of 43.2243. This indicates that the stock is currently neutral.
What is the support and resistance level for CRGO stock?
FREIGHTOS LTD (CRGO) has a support level at 2.27 and a resistance level at 2.35. Check the full technical report for our detailed analysis of CRGO support and resistance levels.