Technical Analysis for CGRO - CoreValues Alpha Greater China Growth ETF

Grade Last Price % Change Price Change
A 19.71 1.94% 0.37
CGRO closed up 1.94 percent on Monday, April 22, 2024, on 1 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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 Down

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Strong but Oversold Other 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 1.94%
Narrow Range Bar Range Contraction 1.94%
Down 3 Days in a Row Weakness 1.94%
Down 4 Days in a Row Weakness 1.94%
Gapped Down Weakness 1.94%

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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

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 20.89
52 Week Low 17.8788
Average Volume 358
200-Day Moving Average 0.00
50-Day Moving Average 19.43
20-Day Moving Average 19.81
10-Day Moving Average 19.89
Average True Range 0.25
RSI (14) 53.27
ADX 13.65
+DI 53.03
-DI 41.70
Chandelier Exit (Long, 3 ATRs) 19.52
Chandelier Exit (Short, 3 ATRs) 19.94
Upper Bollinger Bands 20.44
Lower Bollinger Band 19.18
Percent B (%b) 0.42
BandWidth 6.34
MACD Line 0.10
MACD Signal Line 0.17
MACD Histogram -0.07
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.71
Resistance 3 (R3) 19.71 19.71 19.71
Resistance 2 (R2) 19.71 19.71 19.71 19.71
Resistance 1 (R1) 19.71 19.71 19.71 19.71 19.71
Pivot Point 19.71 19.71 19.71 19.71 19.71
Support 1 (S1) 19.71 19.71 19.71 19.71 19.71
Support 2 (S2) 19.71 19.71 19.71 19.71
Support 3 (S3) 19.71 19.71 19.71
Support 4 (S4) 19.71