CHEMOURS CO/THE (CC) Stock Technical Analysis
NYSE:CC - New York Stock Exchange, Inc. - US1638511089 - Common Stock - Currency: USD
Taking everything into account, CC scores 3 out of 10 in our technical rating. In the past year, CC 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.
88% of all other stocks performed better in the past year than CC.
CC is part of the Chemicals industry. There are 85 other stocks in this industry, of which 69% are performing better than CC.
CC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CC has a been trading in the 9.20 - 12.54 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CC has an average volume of 4305990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CC is bad and it also does not present a 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
9.48
17.62
3 important support areas can be observed.
- A support zone ranging from 11.11 to 11.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.59 to 10.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.58 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @14.09 from a trend line in the weekly time frame.
- Resistance @17.45 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 CC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CC is up. |
| ChartMill Relative Strength | 12.61 | NEGATIVE | CC has a low relative strength, it was outperformed by 87.39% 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) | DOWN | NEGATIVE | The current price of CC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.59 | NEUTRAL | The RSI value for CC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CC has a positive trend. |
| Stochastics (14,3) | 81.4 | OVERBOUGHT | The high Stochastics value suggests CC may be overbought. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for CC suggests a weak or negative 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)
12.35
+0.9 (+7.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg7.86%
1 Week10.76%
2 Weeks12.89%
1 Month31.38%
3 Month16.29%
6 Month-26%
12 Month-44.14%
2 Year-66.6%
3 Year-65.3%
5 Year-33.35%
10 Year13.1%
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%4.99%
ATR Inc38.11%
Range Today1.14
ADR(20)0.58
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.61
Mansfield-3.11
10 Day High12.54
10 Day Low10.14
20 Day High12.54
20 Day Low9.2
52 Week High25.54
52 Week Low9.13
CS1 End11.61
CR1 Start11.73
Volume & EV
DER(3)2.85%
DER(5)2.47%
Volume6.29M
Volume Incr109.02%
Vol(5)8.50M
Vol(50)4.31M