CUSHMAN & WAKEFIELD LTD (CWK) Technical Analysis
NYSE:CWK • BMG2717C1064
Current stock price
CWK Technical Rating and Analysis
Taking everything into account, CWK scores 8 out of 10 in our technical rating. Although CWK has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that CWK is one of the better performing stocks in the market, outperforming 80% of all stocks.
- CWK is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 86% of 62 stocks in the same industry.
- CWK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- CWK has an average volume of 2155830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CWK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CWK is lagging the market.
CWK Weekly and Daily overview Charts
CWK Setup Rating and Analysis
CWK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 14.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.34, a Stop Loss order could be placed below this zone.
More info and screens
CWK Support and Resistance Analysis
11.77
We found 3 important support areas.
- A support zone ranging from 14.27 to 14.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.10 from a trend line in the weekly time frame.
- Support @11.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.64 to 14.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
CWK 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 | NEUTRAL | NEUTRAL | The long term trend for CWK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWK is up. |
| ChartMill Relative Strength | 80.67 | POSITIVE | CWK has a high relative strength, it outperformed 80.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CWK is above the rising 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 | MIXED | The current price of CWK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.12 | NEUTRAL | The RSI value for CWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CWK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.19 | NEUTRAL | The Stochastics value for CWK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CWK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for CWK suggests a possible start of a new trend. |
CWK Chart- and CandleStick Pattern Analysis
CWK 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 |
|---|---|---|---|
| 14.87 | 14.26 | 0.61 (4.10%) | 24.38% |
| An entry @14.87. This is a Buy Stop order right above the resistance zone. | An exit @14.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.61 points, which is 4.10%. | When investing 24.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CWK. Please evaluate whether better entry and exit points can be found.
- 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.
CWK Technicals: Chart, Performance Metrics, Trend & Indicators
14.35
+0.07 (+0.49%)
CUSHMAN & WAKEFIELD LTD / CWK TA FAQ
What is the technical rating for CWK stock?
ChartMill assigns a technical rating of 8 / 10 to CWK.
What is the current trend direction of CUSHMAN & WAKEFIELD LTD (CWK) stock?
The current trend direction for CUSHMAN & WAKEFIELD LTD (CWK) is Bearish.
What is the RSI signal for CWK stock?
CUSHMAN & WAKEFIELD LTD (CWK) has an RSI value of 61.1152. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CUSHMAN & WAKEFIELD LTD?
The MACD indicator for CUSHMAN & WAKEFIELD LTD (CWK) has a value of 0.129128, indicating a bearish trend.
What are the support and resistance levels for CUSHMAN & WAKEFIELD LTD (CWK) stock?
CUSHMAN & WAKEFIELD LTD (CWK) has a support level at 14.34 and a resistance level at 14.64. Check the full technical report for our detailed analysis of CWK support and resistance levels.