CUSHMAN & WAKEFIELD LTD (CWK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CWK - BMG2717C1064 - Common Stock
We assign a technical rating of 6 out of 10 to CWK. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CWK is only an average performer.
CWK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CWK in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 15.80 to 15.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.55 from a trend line in the daily time frame.
- Support @15.29 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.61 to 14.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.87 to 17.08. 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 CWK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWK is up. |
| ChartMill Relative Strength | 78.54 | POSITIVE | CWK has a high relative strength, it outperformed 78.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CWK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CWK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.4 | NEUTRAL | The RSI value for CWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CWK has a positive trend. |
| Stochastics (14,3) | 90.12 | OVERBOUGHT | The high Stochastics value suggests CWK may be overbought. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CWK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.86 | NEGATIVE | The low ADX value for CWK suggests a weak or negative 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 |
|---|---|---|---|
| 17.09 | 15.79 | 1.30 (7.61%) | 13.15% |
| An entry @17.09. This is a Buy Stop order right above the resistance zone. | An exit @15.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.30 points, which is 7.61%. | For a 1.00% total portfolio risk, you can invest 13.15% of your capital in this trade. |
- 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.
16.53
0 (0%)
CUSHMAN & WAKEFIELD LTD / CWK FAQ
What is the technical rating for CWK stock?
ChartMill assigns a technical rating of 6 / 10 to CWK.
What is the trend direction for CWK stock?
The current trend direction for CUSHMAN & WAKEFIELD LTD (CWK) is Bullish.
What is the RSI signal for CWK stock?
CUSHMAN & WAKEFIELD LTD (CWK) has an RSI value of 61.4048. This indicates that the stock is currently neutral.
What is the MACD signal for CUSHMAN & WAKEFIELD LTD (CWK) stock?
The MACD indicator for CUSHMAN & WAKEFIELD LTD (CWK) has a value of 0.117837, indicating a bearish trend.
Can you provide the short term momentum for CUSHMAN & WAKEFIELD LTD?
The short term momentum for CUSHMAN & WAKEFIELD LTD (CWK) is positive.