CUSHMAN & WAKEFIELD PLC (CWK) Stock Technical Analysis
NYSE:CWK - New York Stock Exchange, Inc. - GB00BFZ4N465 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CWK. CWK has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
CWK is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 74% of 64 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.
CWK has an average volume of 1858780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CWK is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Besides having an excellent technical rating, CWK also presents 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 11.70. Right above this resistance zone may be a good entry point.
More info and screens
8.23
11.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.13 to 11.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.25 from a horizontal line in the daily time frame.
- Support @8.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.70 to 11.86. 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 | 73.41 | POSITIVE | CWK has a high relative strength, it outperformed 73.41% 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) | DOWN | NEGATIVE | The current price of CWK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.09 | NEUTRAL | The RSI value for CWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CWK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.42 | OVERBOUGHT | The high Stochastics value suggests CWK may be overbought. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for CWK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for CWK 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)
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 |
|---|---|---|---|
| 11.87 | 11.12 | 0.75 (6.32%) | 15.83% |
| An entry @11.87. This is a Buy Stop order right above the resistance zone. | An exit @11.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.75 points, which is 6.32%. | When investing 15.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
11.62
-0.08 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-0.68%
1 Week0.17%
2 Weeks4.4%
1 Month7.59%
3 Month40.34%
6 Month-12.76%
12 Month-6.74%
2 Year18.21%
3 Year-30.83%
5 Year8.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.1%
ATR Inc-44.48%
Range Today0.19
ADR(20)0.34
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.41
Mansfield-1.1
10 Day High11.9
10 Day Low10.97
20 Day High11.9
20 Day Low10.14
52 Week High16.11
52 Week Low7.64
CS1 End11.26
CR1 Start11.7
Volume & EV
DER(3)-1.49%
DER(5)-0.31%
Volume1.99M
Volume Incr10.6%
Vol(5)2.19M
Vol(50)1.86M