CHEMOURS CO/THE (CC) Stock Technical Analysis
NYSE:CC - US1638511089 - Common Stock
15.23 USD
+0.04 (+0.26%)
15.3 USD
+0.07 (+0.46%)
Taking everything into account, CC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CC is only an average performer.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
CC is part of the Chemicals industry. There are 84 other stocks in this industry. CC outperforms 77% of them.
In the last month CC has a been trading in the 11.24 - 15.54 range, which is quite wide. It is currently trading near the high of this range.
CC has an average volume of 4537760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CC did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CC is lagging the market.
Although CC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.48
15.53
When analyzing the support we can see 3 important areas.
- Support @14.14 from a horizontal line in the daily time frame.
- A support zone ranging from 12.11 to 12.25. 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.
We found 1 important resistance area.
- A resistance zone ranging from 15.26 to 15.38. 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 CC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CC is up. |
| ChartMill Relative Strength | 74.06 | POSITIVE | CC has a high relative strength, it outperformed 74.06% 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 | MIXED | The current price of CC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.57 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 91.76 | OVERBOUGHT | The high Stochastics value suggests CC may be overbought. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for CC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for CC suggests a possible start of a new 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)
15.23
+0.04 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.26%
1 Week6.21%
2 Weeks3.96%
1 Month21.35%
3 Month50.35%
6 Month1.87%
12 Month-21.66%
2 Year-55.23%
3 Year-54.85%
5 Year-26.28%
10 Year57.5%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%5.53%
ATR Inc-65.9%
Range Today0.34
ADR(20)0.78
ADR(20)%5.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.06
Mansfield-1.11
10 Day High15.54
10 Day Low13.95
20 Day High15.54
20 Day Low11.24
52 Week High22.38
52 Week Low9.13
CS1 End14.14
CR1 Start15.26
Volume & EV
DER(3)3.65%
DER(5)2.89%
Volume1.79M
Volume Incr-39.48%
Vol(5)2.75M
Vol(50)4.54M