CA Healthcare Acquisition Corp (CAHCU) Technical Analysis
NASDAQ:CAHCU
Current stock price
CAHCU Technical Rating and Analysis
Taking everything into account, CAHCU scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CAHCU is a bad performer.
- When comparing the yearly performance of all stocks, CAHCU is a bad performer in the overall market: 100% of all stocks are doing better.
- 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.
- The long and short term trends are both positive. This is looking good!
- CAHCU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CAHCU is lagging the market slightly.
- In the last month CAHCU has a been trading in a tight range between 10.25 and 10.75.
CAHCU Weekly and Daily overview Charts
CAHCU Setup Rating and Analysis
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
CAHCU Support and Resistance Analysis
9.92
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.
CAHCU Technical Indicator Signal Analysis
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. |
CAHCU Chart- and CandleStick Pattern Analysis
CAHCU Technicals: Chart, Performance Metrics, Trend & Indicators
CA Healthcare Acquisition Corp
NASDAQ:CAHCU (9/24/2021, 8:00:02 PM)
10.75
+0.34 (+3.27%)
CA Healthcare Acquisition Corp / CAHCU TA FAQ
What is the ChartMill technical rating of CA Healthcare Acquisition Corp (CAHCU) stock?
ChartMill assigns a technical rating of 6 / 10 to CAHCU.
What is the current trend direction of CA Healthcare Acquisition Corp (CAHCU) stock?
The current trend direction for CA Healthcare Acquisition Corp (CAHCU) is Bullish.
Can you provide the RSI signal for CA Healthcare Acquisition Corp?
CA Healthcare Acquisition Corp (CAHCU) has an RSI value of 71.6998. This indicates that the stock is currently overbought.
Can you provide the MACD signal for CA Healthcare Acquisition Corp?
The MACD indicator for CA Healthcare Acquisition Corp (CAHCU) has a value of 0.0125285, indicating a bearish trend.
What is the support and resistance level for CAHCU stock?
CA Healthcare Acquisition Corp (CAHCU) has a support level at 10.54 and a resistance level at 10.76. Check the full technical report for our detailed analysis of CAHCU support and resistance levels.