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COMPUTER TASK GROUP INC (CTG) Stock Technical Analysis

NASDAQ:CTG - Nasdaq - US2054771025 - Common Stock - Currency: USD

10.5  +0.01 (+0.1%)

After market: 10.49 -0.01 (-0.1%)

Technical Rating and Analysis

8

Overall CTG gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTG is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by CTG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
Looking at the yearly performance, CTG did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CTG is an average performer in the IT Services industry, it outperforms 64% of 82 stocks in the same industry.
In the last month CTG has a been trading in a tight range between 10.39 and 10.50.
Weekly and Daily overview Charts
COMPUTER TASK GROUP INC / CTG Weekly stock chart
COMPUTER TASK GROUP INC / CTG Daily stock chart
Setup Rating and Analysis

7

Although CTG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

10.10

10.62

We found 1 important support area.

  • A support zone ranging from 10.20 to 10.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 10.51 to 10.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.92
Mansfield1.49
10 Day High10.5
10 Day Low10.46
20 Day High10.5
20 Day Low10.39
52 Week High10.5
52 Week Low6.05
Performance
1 Week0.29%
2 Weeks0.38%
1 Month0.86%
3 Month1.84%
6 Month42.47%
12 Month45.43%
2 Year5.32%
3 Year71.57%
5 Year157.35%
10 Year-44.24%
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
RSI(14)69.77
LBB10.44
UBB10.5
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
10.5210.450.07 (0.67%)25.00%
An entry @10.52. This is a Buy Stop order right above the resistance zone.An exit @10.45. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.07 points, which is 0.67%.For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COMPUTER TASK GROUP INC / CTG Daily stock chart

COMPUTER TASK GROUP INC

NASDAQ:CTG (12/12/2023, 8:00:01 PM)

After market: 10.49 -0.01 (-0.1%)

10.5

+0.01 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.1%
1 Week0.29%
2 Weeks0.38%
1 Month0.86%
3 Month1.84%
6 Month42.47%
12 Month45.43%
2 Year5.32%
3 Year71.57%
5 Year157.35%
10 Year-44.24%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.18%
ATR Inc-45.63%
Range Today0.01
ADR(20)0.02
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.92
Mansfield1.49
10 Day High10.5
10 Day Low10.46
20 Day High10.5
20 Day Low10.39
52 Week High10.5
52 Week Low6.05
CS1 End10.48
CR1 Start10.51
Volume & EV
DER(3)-0.03%
DER(5)-2.22%
Volume49.20K
Volume Incr-34.21%
Vol(5)62.48K
Vol(50)74.56K