CA Healthcare Acquisition Corp (CAHCU) Stock Technical Analysis
NASDAQ:CAHCU - Nasdaq -
Overall CAHCU gets a technical rating of 6 out of 10. Although CAHCU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than CAHCU.
Warning: CAHCU has an average volume of 14660 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
CAHCU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CAHCU is performing more or less in line with the market.
In the last month CAHCU has a been trading in a tight range between 10.25 and 10.75.
CAHCU has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.92
10.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.19 to 10.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @10.02 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.76 to 10.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CAHCU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAHCU is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CAHCU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAHCU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAHCU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 71.7 | OVERBOUGHT | The high RSI value suggests CAHCU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CAHCU has a positive trend. |
| Stochastics (14,3) | 50.73 | NEUTRAL | The Stochastics value for CAHCU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.76 | LOW VOLATILITY | The low ATR as a percentage value for CAHCU suggests low volalility. |
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)
CA Healthcare Acquisition Corp
NASDAQ:CAHCU (9/24/2021, 8:00:02 PM)
10.75
+0.34 (+3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.27%
1 Week2.38%
2 Weeks2.67%
1 Month4.88%
3 Month4.37%
6 Month6.97%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.76%
ATR Inc190.4%
Range Today0.26
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High10.75
10 Day Low10.41
20 Day High10.75
20 Day Low10.25
52 Week High10.96
52 Week Low9.82
CS1 End10.54
CR1 Start10.76
Volume & EV
DER(3)0.53%
DER(5)0.02%
Volume31.60K
Volume Incr-47.84%
Vol(5)9.90K
Vol(50)14.66K