NYSEARCA:CGSD - NYSE Arca - US14020Y4098 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to CGSD. Although CGSD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CGSD also presents 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 25.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.79, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
24.74
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 |
---|---|---|---|
25.89 | 25.75 | 0.14 (0.54%) | 25.00% |
An entry @25.89. This is a Buy Stop order right above the 10 day high. | An exit @25.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 0.54%. | For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:CGSD (3/7/2025, 8:13:08 PM)
25.83
-0.01 (-0.04%)