Technical Analysis for CGRO - CoreValues Alpha Greater China Growth ETF

Grade Last Price % Change Price Change
A 21.66 0.29% 0.06
CGRO closed up 0.29 percent on Monday, May 6, 2024, on 7 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
New 52 Week Closing High Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

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Profile

CoreValues Alpha Greater China Growth ETF Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.


Classification

Keywords: Depositary Receipt

Top 10 Components

Symbol Grade Price % Change Allocation
TCOM A 1.07 8.01
BABA B 0.27 7.13
BIDU C -0.07 6.39
MNSO B 0.04 4.67
PDD B -1.10 4.56

Is CGRO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.6648
52 Week Low 17.8788
Average Volume 300
200-Day Moving Average 0.00
50-Day Moving Average 19.54
20-Day Moving Average 20.24
10-Day Moving Average 20.44
Average True Range 0.27
RSI (14) 75.06
ADX 23.01
+DI 72.33
-DI 24.57
Chandelier Exit (Long, 3 ATRs) 20.84
Chandelier Exit (Short, 3 ATRs) 20.16
Upper Bollinger Bands 21.52
Lower Bollinger Band 18.96
Percent B (%b) 1.06
BandWidth 12.65
MACD Line 0.46
MACD Signal Line 0.28
MACD Histogram 0.1778
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.66
Resistance 3 (R3) 21.66 21.66 21.66
Resistance 2 (R2) 21.66 21.66 21.66 21.66
Resistance 1 (R1) 21.66 21.66 21.66 21.66 21.66
Pivot Point 21.66 21.66 21.66 21.66 21.66
Support 1 (S1) 21.66 21.66 21.66 21.66 21.66
Support 2 (S2) 21.66 21.66 21.66 21.66
Support 3 (S3) 21.66 21.66 21.66
Support 4 (S4) 21.66