RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CBRE
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CBRE Group, Inc. stock price ended at $97.24 on Thursday, after gaining 0.413%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 20, 2024 Gain 1.67% PDF

The CBRE Group, Inc. stock price gained 0.413% on the last trading day (Thursday, 28th Mar 2024), rising from $96.84 to $97.24. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.82% from a day low at $97.18 to a day high of $97.98. The price has risen in 6 of the last 10 days and is up by 4.25% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 630 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $166.53 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $98.98 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.89% during the next 3 months and, with a 90% probability hold a price between $100.38 and $110.75 at the end of this 3-month period.

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CBRE Signals & Forecast

The CBRE Group, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $96.58 and $92.41. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.90%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for CBRE Group, Inc. stock

CBRE Group, Inc. finds support from accumulated volume at $94.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.800 between high and low, or 0.82%. For the last week the stock has had daily average volatility of 1.51%.

Our recommended stop-loss: $93.32 (-4.03%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (CBRE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect CBRE Group, Inc. to open at $97.47, and during the day (based on 14 day Average True Range), to move between $95.35 and $99.13, which gives a possible trading interval of +/-$1.89 (+/-1.95%) up or down from last closing price. If CBRE Group, Inc. takes out the full calculated possible swing range there will be an estimated 3.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $98.12 (0.90%) than the support at $94.30 (3.02%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CBRE Group, Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CBRE Group, Inc. stock to perform well in the short-term.

Current score: 3.937 Buy Candidate Unchanged

Predicted Opening Price for CBRE Group, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$97.47 ( 0.233%) $97.24

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CBRE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 98.27 1.06 %
R2 97.96 0.742 %
R1 97.77 0.547 %
Current price: 97.24
Support S1 97.16 -0.0812 %
S2 96.97 -0.275 %
S3 96.67 -0.590 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 98.12 0.90 %
Current price 97.24
Support S1 94.30 -3.02%
S2 93.13 -4.23%
S3 91.53 -5.87%

FAQ

What is the symbol for CBRE Group, Inc. Stock and on which exchange is it traded?
The symbol for CBRE Group, Inc. is CBRE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell CBRE Group, Inc. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for CBRE Group, Inc. stock to perform well in the short-term.

How to buy CBRE Group, Inc. Stock?
CBRE Group, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CBRE Group, Inc. Stock.

What's the current price of CBRE Group, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an CBRE Group, Inc. (CBRE) share was $97.24.

What is the 52-week high and low for CBRE Group, Inc. Stock?
The 52-week high for CBRE Group, Inc. Stock is $98.65 and the 52-week low is $64.63.

What is the market capitalization of CBRE Group, Inc. Stock?
As of the 2024-03-28, the market capitalization of CBRE Group, Inc. is 29.726B.

When is the next earnings date for CBRE Group, Inc.?
The upcoming earnings date for CBRE Group, Inc. is Apr 25, 2024.
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About CBRE Group, Inc.

CBRE Group. CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; property sales and mortgage services under the CBRE Capital Markets brand; property... CBRE Profile

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