|
Advanced TA SearchArchive - 3/15/2024 - Sign In to see current Signals. |
CBRE Group (CBRE) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the CBRE Group (CBRE). During the week, the CBRE dropped -1.16 points, or -1.23%, and closed at 93.21 on Friday, March 15, 2024. Weekly volume was -11% below average. Long-term trend: [See CBRE long-term trend chart] A long-term downtrend had started on January 4, 2022 at 111.00 and reached 64.63 on October 27, 2023. CBRE lost 46.37 points, or 41.77%, in 94 weeks. The chart has formed a Broadening Symmetric Wedge chart pattern. The price is near the trend resistance line (93.08). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend. Medium-term trend: [See CBRE medium-term trend chart] A medium-term uptrend had started on October 27, 2023 at 64.63 and reached 96.00 on February 15, 2024. CBRE gained -31.37 points, or -48.54%, in 15 weeks. The price is now at the 8.89% retracement level. Weekly Technical Indicators: [See CBRE weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since November 24, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See CBRE short-term trend chart] A short-term downtrend had started on March 8, 2024 at 95.47 and reached 92.15 on March 15, 2024. CBRE lost 3.32 points, or 3.48%, in 7 days. The price is now at the 31.93% retracement level. Daily Technical Indicators: [See CBRE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. The distance between the Bollinger Bands (5.58%) is close to one year low (5.28%). It is 59.47% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|