SPDR S&P KENSHO CLEAN POWER (CNRG) Stock Technical Analysis
NYSEARCA:CNRG - NYSE Arca - US78468R6559 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to CNRG. CNRG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CNRG is a bad performer in the overall market: 75% of all stocks are doing better.
CNRG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: CNRG has an average volume of 26045 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CNRG has a been trading in the 43.34 - 51.79 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, CNRG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CNRG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
46.00
68.55
We found 1 important support area.
- A support zone ranging from 46.46 to 46.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 50.90 to 50.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 52.21 to 52.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.45 from a trend line in the weekly time frame.
- Resistance @63.09 from a trend line in the weekly time frame.
- A resistance zone ranging from 65.96 to 66.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.87 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.23
Mansfield-1.34
10 Day High51.31
10 Day Low45.16
20 Day High51.79
20 Day Low43.34
52 Week High69.07
52 Week Low43.34
Performance
1 Week11.11%
2 Weeks8.2%
1 Month-0.18%
3 Month-16.57%
6 Month-18.42%
12 Month-17.87%
2 Year-37.86%
3 Year-33.48%
5 Year18.52%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.7
RSI(14)54.36
LBB44.14
UBB51.11
50.89
+0.36 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.7%
1 Week11.11%
2 Weeks8.2%
1 Month-0.18%
3 Month-16.57%
6 Month-18.42%
12 Month-17.87%
2 Year-37.86%
3 Year-33.48%
5 Year18.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.09
ATR(20)%4.39%
ATR Inc-44.06%
Range Today0.95
ADR(20)1.85
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.23
Mansfield-1.34
10 Day High51.31
10 Day Low45.16
20 Day High51.79
20 Day Low43.34
52 Week High69.07
52 Week Low43.34
CS1 End46.93
CR1 Start50.9
Volume & EV
DER(3)4.66%
DER(5)0.52%
Volume8.20K
Volume Incr-76.34%
Vol(5)7.21K
Vol(50)26.05K