CHEMOURS CO/THE (CC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CC - US1638511089 - Common Stock
Overall CC gets a technical rating of 0 out of 10. CC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CC is bad and it also does not present a quality setup 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
10.41
We found 2 important support areas.
- Support @11.04 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.52 to 10.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.48 to 12.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.34 from a trend line in the weekly time frame.
- Resistance @15.88 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 | NEUTRAL | NEUTRAL | The short term trend for CC is neutral. |
| ChartMill Relative Strength | 10.4 | NEGATIVE | CC has a low relative strength, it was outperformed by 89.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CC is below a declining 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) | 50.48 | NEUTRAL | The RSI value for CC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests CC has a positive trend. |
| Stochastics (14,3) | 61.13 | NEUTRAL | The Stochastics value for CC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for CC suggests high volalility. |
| Average Directional Index/ADX (14) | 34.14 | POSITIVE | The high ADX value value for CC suggests a strong trend. |
12.47
+0.15 (+1.22%)
CHEMOURS CO/THE / CC FAQ
Can you provide the ChartMill technical rating for CHEMOURS CO/THE?
ChartMill assigns a technical rating of 0 / 10 to CC.
Can you provide the trend direction for CHEMOURS CO/THE?
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 50.4794. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHEMOURS CO/THE?
The MACD indicator for CHEMOURS CO/THE (CC) has a value of 0.135741, indicating a bearish trend.