C3.AI INC-A (AI) Stock Technical Analysis
NYSE:AI • US12468P1049
Overall AI gets a technical rating of 0 out of 10. AI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AI is a bad performer in the overall market: 93% of all stocks are doing better.
- AI is part of the Software industry. There are 276 other stocks in this industry, of which 69% are performing better than AI.
- AI 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 AI has a been trading in the 9.99 - 14.20 range, which is quite wide. It is currently trading near the lows of this range.
- AI has an average volume of 6596360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.65. Right above this resistance zone may be a good entry point.
More info and screens
10.04
When analyzing the support we notice one important area.
- Support @10.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.65 to 11.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.40 from a trend line in the daily time frame.
- Resistance @17.64 from a trend line in the weekly 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 AI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AI is down. |
| ChartMill Relative Strength | 7.12 | NEGATIVE | AI has a low relative strength, it was outperformed by 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.17 | NEUTRAL | The RSI value for AI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.07 | OVERSOLD | The low Stochastics value suggests AI may be oversold. |
| Average True Range in percent/ATR (20) | 7.62 | HIGH VOLATILITY | The high ATR as a percentage value for AI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.83 | NEUTRAL | The ADX value for AI suggests a possible start of a new trend. |
10.78
+0.4 (+3.85%)
C3.AI INC-A / AI FAQ
What is the ChartMill technical rating of C3.AI INC-A (AI) stock?
ChartMill assigns a technical rating of 0 / 10 to AI.
What is the trend direction for AI stock?
The current trend direction for C3.AI INC-A (AI) is Bearish.
Can you provide the RSI signal for C3.AI INC-A?
C3.AI INC-A (AI) has an RSI value of 39.1707. This indicates that the stock is currently neutral.
What is the MACD signal for C3.AI INC-A (AI) stock?
The MACD indicator for C3.AI INC-A (AI) has a value of -0.0275866, indicating a bearish trend.
Can you provide the short term momentum for C3.AI INC-A?
The short term momentum for C3.AI INC-A (AI) is negative.