NYSEARCA:CGCB - NYSE Arca - US14020Y5087 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to CGCB. In the last year, CGCB was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, CGCB does present a nice setup opportunity. 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 a support zone below the current price at 26.12, a Stop Loss order could be placed below this zone.
25.13
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
26.30 | 26.03 | 0.27 (1.02%) | 25.00% |
An entry @26.30. This is a Buy Stop order right above the 10 day moving average. | An exit @26.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 1.02%. | For a 0.25% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:CGCB (3/7/2025, 8:12:46 PM)
26.19
-0.04 (-0.15%)