NYSEARCA:CGNG - NYSE Arca - US14021N1054 - ETF - Currency: USD
Overall CGNG gets a technical rating of 3 out of 10. In the last year, CGNG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, CGNG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.73. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
24.15
2 important support areas can be observed.
2 important resistance areas can be observed.
25.69
+0.1 (+0.39%)