Technical Analysis for CDEVY - City Developments Lt

Grade Last Price % Change Price Change
grade B 7.9425 -1.18% -0.0950
CDEVY closed down 1.18 percent on Friday, January 24, 2020, on 29 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Down
Historical CDEVY trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
New Downtrend Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup -1.18%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.18%
Down 3 Days in a Row Weakness -1.18%
Gapped Down Weakness -1.18%
Older signals for CDEVY ...

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Profile

City Developments Limited (CDL) is a real estate operating company. The Company's principal activities are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management and provision of consultancy services, hospitality-related information technology, procurement services and provision of laundry services. Its segments include property development, hotel operations, rental properties and others. The property development segment develops and purchases properties for sale. The hotel operations segment owns and manages hotels. Through its rental properties segment, CDL develops and purchases investment properties for lease. The others segment includes club operator and owner, investment in shares, property management, project management and consultancy services.
Real Estate Project Management Property Management Consultancy Services Procurement Services Laundry Services Property Developers

Is CDEVY 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 8.56
52 Week Low 5.89
Average Volume 5,766
200-Day Moving Average 7.1280
50-Day Moving Average 7.9690
20-Day Moving Average 8.2235
10-Day Moving Average 8.3145
Average True Range 0.2497
ADX 36.05
+DI 20.5210
-DI 22.0610
Chandelier Exit (Long, 3 ATRs ) 7.8109
Chandelier Exit (Short, 3 ATRs ) 8.6691
Upper Bollinger Band 8.6100
Lower Bollinger Band 7.8370
Percent B (%b) 0.14
BandWidth 9.3999
MACD Line 0.0623
MACD Signal Line 0.1170
MACD Histogram -0.0547
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.2838
Resistance 3 (R3) 8.3217 8.2458 8.2269
Resistance 2 (R2) 8.2458 8.1589 8.2269 8.2079
Resistance 1 (R1) 8.0942 8.1052 8.0563 8.0563 8.1890
Pivot Point 8.0183 8.0183 7.9994 7.9994 8.0183
Support 1 (S1) 7.8667 7.9314 7.8288 7.8288 7.6960
Support 2 (S2) 7.7908 7.8777 7.7719 7.6771
Support 3 (S3) 7.6392 7.7908 7.6581
Support 4 (S4) 7.6013