COLOR STAR TECHNOLOGY CO-A (ADD) Stock Technical Analysis
NASDAQ:ADD - Nasdaq - KYG2287A1269 - Common Stock - Currency: USD
Overall ADD gets a technical rating of 4 out of 10. In the past year, ADD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
96% of all other stocks performed better in the past year than ADD.
ADD is one of the lesser performing stocks in the Diversified Consumer Services industry. 78% of 72 stocks in the same industry do better.
ADD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ADD has a been trading in the 0.75 - 1.05 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ADD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for ADD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.82
1.07
We found 3 important support areas.
- A support zone ranging from 0.91 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.88 from a trend line in the daily time frame.
- Support @0.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.02 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ADD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ADD is up. |
| ChartMill Relative Strength | 4.62 | NEGATIVE | ADD has a low relative strength, it was outperformed by 95.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ADD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ADD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.43 | NEUTRAL | The RSI value for ADD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ADD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.79 | NEUTRAL | The Stochastics value for ADD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.28 | HIGH VOLATILITY | The high ATR as a percentage value for ADD suggests high volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for ADD suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.9501
-0.06 (-6.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-6.3%
1 Week5.57%
2 Weeks4.41%
1 Month11.71%
3 Month22.67%
6 Month-42.77%
12 Month-95.15%
2 Year-99.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%9.28%
ATR Inc-9.23%
Range Today0.1
ADR(20)0.08
ADR(20)%8.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.62
Mansfield-9.55
10 Day High1.05
10 Day Low0.82
20 Day High1.05
20 Day Low0.75
52 Week High185
52 Week Low0.56
CS1 End0.93
CR1 Start1.02
Volume & EV
DER(3)3.95%
DER(5)1.65%
Volume126.10K
Volume Incr-49.28%
Vol(5)230.36K
Vol(50)555.09K