Overall CTG gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTG is showing a nice and steady performance.
Although CTG has an excellent technical rating, the quality of the presented setup is not ideal 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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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.
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. |
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.
10.5
+0.01 (+0.1%)
COMPUTER TASK GROUP INC / CTG FAQ
Can you provide the ChartMill technical rating for COMPUTER TASK GROUP INC?
ChartMill assigns a technical rating of 7 / 10 to CTG.
Can you provide the trend direction for COMPUTER TASK GROUP INC?
The current trend direction for COMPUTER TASK GROUP INC (CTG) is Bullish.
What is the RSI signal for 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 buy/sell signal for CTG stock?
The buy/sell signal for COMPUTER TASK GROUP INC (CTG) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for COMPUTER TASK GROUP INC?
COMPUTER TASK GROUP INC (CTG) has a support level at 10.48 and a resistance level at 10.51. Check the full technical report for our detailed analysis of CTG support and resistance levels.