Technical Analysis for CGASY - China Res Gas ADR

Grade Last Price % Change Price Change
grade A 58.64 21.56% 10.4000
CGASY closed up 21.56 percent on Friday, October 25, 2019, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Up
Historical CGASY trend table...

Date Alert Name Type % Chg
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%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up 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%
Older signals for CGASY ...

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Profile

China Resources Gas Group Limited, an investment holding company, engages in the sale of liquefied gas and connection of gas pipelines in the People's Republic of China and Hong Kong. It operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Sale of Gas Appliances, Design and Construction Services, and Gas Stations segments. The company sells natural gas and liquefied petroleum gas for residential, commercial, and industrial use; and constructs gas pipelines networks under gas connection contracts. It also sells gas appliances and related products; and gas fuel in natural gas filling stations, as well as provides design, construction, consultancy, and management services for gas connection projects. In addition, the company sells natural gas pressure control equipment. As of December 31, 2017, it operated 238 city gas projects in 22 provinces of in the People's Republic of China. The company is headquartered in Wanchai, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. China Resources Gas Group Limited is a subsidiary of CRH (Gas) Limited.
Energy Natural Gas Fuels Chemical Substances Fuel Gas Industrial Gases Petroleum Gas Henderson Land Development Gas Pipelines Gas Appliances Towngas China China Natural Gas Filling Station City Gas Projects Constructs Gas Pipelines Networks Gas Connection Contracts Gas Connection Projects Gas Fuel Natural Gas Pressure Control Equipment

Is CGASY 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 58.64
52 Week Low 32.12
Average Volume 106
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 40.0225
10-Day Moving Average 44.0230
Average True Range 1.8376
ADX 44.92
+DI 89.2691
-DI 10.7515
Chandelier Exit (Long, 3 ATRs ) 53.1272
Chandelier Exit (Short, 3 ATRs ) 38.8428
Upper Bollinger Band 52.1039
Lower Bollinger Band 27.9411
Percent B (%b) 1.27
BandWidth 60.3730
MACD Line 4.7358
MACD Signal Line 3.1269
MACD Histogram 1.6089
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.6400
Resistance 3 (R3) 58.6400 58.6400 58.6400
Resistance 2 (R2) 58.6400 58.6400 58.6400 58.6400
Resistance 1 (R1) 58.6400 58.6400 58.6400 58.6400 58.6400
Pivot Point 58.6400 58.6400 58.6400 58.6400 58.6400
Support 1 (S1) 58.6400 58.6400 58.6400 58.6400 58.6400
Support 2 (S2) 58.6400 58.6400 58.6400 58.6400
Support 3 (S3) 58.6400 58.6400 58.6400
Support 4 (S4) 58.6400