NYSEARCA:CGGO - NYSE Arca - US14020X1046 - ETF - Currency: USD
Taking everything into account, CGGO scores 1 out of 10 in our technical rating. CGGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CGGO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 28.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGGO in the last couple of days, which is a good sign.
25.62
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
NYSEARCA:CGGO (4/25/2025, 8:04:01 PM)
28.4
+0.23 (+0.82%)