CHEMOURS CO/THE (CC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CC - US1638511089 - Common Stock
Taking everything into account, CC scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CC was also a bad performer in the overall market in the last year.
CC 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
10.49
4 important support areas can be observed.
- A support zone ranging from 12.98 to 13.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.34 from a trend line in the weekly time frame.
- Support @10.79 from a trend line in the daily time frame.
- Support @10.60 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.73 to 14.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.68 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 | NEUTRAL | NEUTRAL | The long term trend for CC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CC is up. |
| ChartMill Relative Strength | 25.48 | NEGATIVE | CC has a low relative strength, it was outperformed by 74.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.36 | OVERBOUGHT | The high RSI value suggests CC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests CC has a positive trend. |
| Stochastics (14,3) | 96.3 | OVERBOUGHT | The high Stochastics value suggests CC may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for CC suggests a possible start of a new trend. |
14.72
+0.42 (+2.94%)
CHEMOURS CO/THE / CC FAQ
Can you provide the ChartMill technical rating for CHEMOURS CO/THE?
ChartMill assigns a technical rating of 5 / 10 to CC.
What is the current trend direction of CHEMOURS CO/THE (CC) stock?
The current trend direction for CHEMOURS CO/THE (CC) is Bearish.
What is the RSI signal for CC stock?
CHEMOURS CO/THE (CC) has an RSI value of 72.3561. This indicates that the stock is currently overbought.
What is the short term momentum for CC stock?
The short term momentum for CHEMOURS CO/THE (CC) is positive.
Can you provide the support and resistance levels for CHEMOURS CO/THE?
CHEMOURS CO/THE (CC) has a support level at 13.2 and a resistance level at 14.73. Check the full technical report for our detailed analysis of CC support and resistance levels.