CBRE GLOBAL REAL ESTATE INC (IGR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IGR - US12504G1004
Taking everything into account, IGR scores 0 out of 10 in our technical rating. IGR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IGR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.28, a Stop Loss order could be placed below this zone.
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4.17
When analyzing the support we notice one important area.
- A support zone ranging from 4.21 to 4.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 4.31 to 4.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.61 to 4.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.84 from a trend line in the weekly time frame.
- Resistance @4.96 from a horizontal line in the daily time frame.
- Resistance @5.04 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.17 to 5.32. 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 | DOWN | NEGATIVE | The long term trend for IGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IGR is down. |
| ChartMill Relative Strength | 19.25 | NEGATIVE | IGR has a low relative strength, it was outperformed by 80.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.6 | NEUTRAL | The RSI value for IGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IGR has a positive trend. |
| Stochastics (14,3) | 17.81 | OVERSOLD | The low Stochastics value suggests IGR may be oversold. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for IGR suggests low volalility. |
| Average Directional Index/ADX (14) | 45.52 | POSITIVE | The high ADX value value for IGR suggests a strong trend. |
4.3
+0.08 (+1.9%)
CBRE GLOBAL REAL ESTATE INC / IGR FAQ
What is the ChartMill technical rating of CBRE GLOBAL REAL ESTATE INC (IGR) stock?
ChartMill assigns a technical rating of 0 / 10 to IGR.
What is the current trend direction of CBRE GLOBAL REAL ESTATE INC (IGR) stock?
The current trend direction for CBRE GLOBAL REAL ESTATE INC (IGR) is Bearish.
What is the RSI signal for CBRE GLOBAL REAL ESTATE INC (IGR) stock?
CBRE GLOBAL REAL ESTATE INC (IGR) has an RSI value of 38.6036. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CBRE GLOBAL REAL ESTATE INC?
The MACD indicator for CBRE GLOBAL REAL ESTATE INC (IGR) has a value of 0.0105738, indicating a bearish trend.
What is the short term momentum for CBRE GLOBAL REAL ESTATE INC (IGR) stock?
The short term momentum for CBRE GLOBAL REAL ESTATE INC (IGR) is negative.