NYSEARCA:CGDV - NYSE Arca - US14020W1062 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to CGDV. In the last year, CGDV was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
CGDV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGDV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
34.17
When analyzing the support we can see 2 important areas.
We found 1 important resistance 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 |
---|---|---|---|
36.64 | 35.90 | 0.74 (2.02%) | 25.00% |
An entry @36.63. This is a Buy Stop order right above the 10 day moving average. | An exit @35.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.74 points, which is 2.02%. | For a 0.50% total portfolio risk, you can invest 25.00% of your capital in this trade. |
36.51
+0.23 (+0.63%)