CBRE GLOBAL REAL ESTATE INC (IGR)

US12504G1004

5.59  +0.02 (+0.36%)

After market: 5.6 +0.01 (+0.18%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to IGR. Although IGR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
IGR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IGR is performing more or less in line with the market.
IGR 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.
When comparing the performance of all stocks over the past year, IGR turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Weekly and Daily overview Charts
IGR Weekly chart
IGR Daily chart
Setup Rating and Analysis

6

IGR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

4.80

5.81

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 5.16 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 4.98 to 5.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 4.85 to 4.88. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @5.75 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.41
Mansfield-0.06
10 Day High5.93
10 Day Low5.28
20 Day High5.93
20 Day Low4.94
52 Week High5.93
52 Week Low3.88
Performance
1 Week-2.61%
2 Weeks6.48%
1 Month12.47%
3 Month14.08%
6 Month5.08%
12 Month2.38%
2 Year-29.69%
3 Year-38.16%
5 Year-26.93%
10 Year-37.47%
15 Year1.08%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)62.29
LBB4.98
UBB5.98
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.

ENTRYEXITDISTANCECAPITAL
5.765.270.49 (8.51%)11.76%
An entry @5.76. This is a Buy Stop order right above the resistance zone.An exit @5.27. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.49 points, which is 8.51%.For a 1.00% total portfolio risk, you can invest 11.76% 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.
IGR Daily chart

CBRE GLOBAL REAL ESTATE INC

NYSE:IGR (7/26/2024, 7:04:00 PM)

After market: 5.6 +0.01 (+0.18%)

5.59

+0.02 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.36%
1 Week-2.61%
2 Weeks6.48%
1 Month12.47%
3 Month14.08%
6 Month5.08%
12 Month2.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%2.4%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.93
10 Day Low5.28
20 Day High5.93
20 Day Low4.94
52 Week High5.93
52 Week Low3.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume715.50K
Volume Incr-16.69%
Vol(5)718.42K
Vol(50)642.98K