HIGH Technical Analysis - CANTOURAGE GROUP SE

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to HIGH. HIGH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

98% of all other stocks performed better in the past year than HIGH.

HIGH is one of the lesser performing stocks in the Pharmaceuticals industry. 91% of 49 stocks in the same industry do better.

HIGH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month HIGH has a been trading in the 3.42 - 4.23 range, which is quite wide. It is currently trading near the lows of this range.

Warning: HIGH has an average volume of 9914 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

CANTOURAGE GROUP SE / HIGH Weekly stock chart

CANTOURAGE GROUP SE / HIGH Daily stock chart

Setup Rating and Analysis

HIGH has a poor technical rating and the quality of the setup is also 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.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

3.62

6.23

4 important resistance areas can be observed.

A resistance zone ranging from 3.83 to 3.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @4.06 from a horizontal line in the daily time frame.
Resistance @5.92 from a trend line in the weekly time frame.
Resistance @6.17 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for HIGH.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for HIGH.DE is down.
ChartMill Relative Strength	2.28	NEGATIVE	HIGH.DE has a low relative strength, it was outperformed by 97.72% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of HIGH.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of HIGH.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of HIGH.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	38.22	NEUTRAL	The RSI value for HIGH.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests HIGH.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	14.53	OVERSOLD	The low Stochastics value suggests HIGH.DE may be oversold.
Average True Range in percent/ATR (20)	4.39	MEDIUM VOLATILITY	The ATR as a percentage value for HIGH.DE suggests some volalility.
Average Directional Index/ADX (14)	19.43	NEGATIVE	The low ADX value for HIGH.DE suggests a weak or negative trend.