COMPUTER TASK GROUP INC (CTG) Technical Analysis
NASDAQ:CTG • US2054771025
Current stock price
CTG Technical Rating and Analysis
Taking everything into account, CTG scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, CTG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- CTG is part of the IT Services industry. There are 88 other stocks in this industry. CTG outperforms 86% of them.
- A new 52 week high is currently being made by CTG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- Looking at the yearly performance, CTG did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month CTG has a been trading in a tight range between 10.39 and 10.50.
CTG Weekly and Daily overview Charts
CTG Setup Rating and Analysis
CTG has an excellent technical rating, but the quality of the setup is only medium 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.
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CTG Support and Resistance Analysis
10.10
When analyzing the support we notice one important area.
- A support zone ranging from 10.20 to 10.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.51 to 10.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
CTG 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 | UP | POSITIVE | The long term trend for CTG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTG is up. |
| ChartMill Relative Strength | 82.92 | POSITIVE | CTG has a high relative strength, it outperformed 82.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.77 | NEUTRAL | The RSI value for CTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CTG has a positive trend. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests CTG may be overbought. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for CTG suggests low volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for CTG suggests a possible start of a new trend. |
CTG Chart- and CandleStick Pattern Analysis
CTG Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.52 | 10.45 | 0.07 (0.67%) | 25.00% |
| An entry @10.52. This is a Buy Stop order right above the resistance zone. | An exit @10.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CTG Technicals: Chart, Performance Metrics, Trend & Indicators
10.5
+0.01 (+0.1%)
COMPUTER TASK GROUP INC / CTG TA FAQ
Can you provide the ChartMill technical rating for COMPUTER TASK GROUP INC?
ChartMill assigns a technical rating of 7 / 10 to CTG.
What is the current trend direction of COMPUTER TASK GROUP INC (CTG) stock?
The current trend direction for COMPUTER TASK GROUP INC (CTG) is Bullish.
What is the RSI signal for COMPUTER TASK GROUP INC (CTG) stock?
COMPUTER TASK GROUP INC (CTG) has an RSI value of 69.7692. This indicates that the stock is currently neutral.
What is the MACD signal for COMPUTER TASK GROUP INC (CTG) stock?
The MACD indicator for COMPUTER TASK GROUP INC (CTG) has a value of 0.0000749182, indicating a bearish trend.
Can you provide the buy/sell signal for COMPUTER TASK GROUP INC?
The buy/sell signal for COMPUTER TASK GROUP INC (CTG) is buy as both the short term and long term trends are positive.