CHEMOURS CO/THE (CC) Stock Technical Analysis
NYSE:CC - New York Stock Exchange, Inc. - US1638511089 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CC. 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.
91% of all other stocks performed better in the past year than CC.
CC is one of the lesser performing stocks in the Chemicals industry. 76% of 85 stocks in the same industry do better.
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 11.74 - 14.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CC has an average volume of 4397910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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
9.48
17.06
We found 2 important support areas.
- A support zone ranging from 11.97 to 11.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.58 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @14.35 from a trend line in the daily time frame.
- Resistance @14.76 from a horizontal line in the daily time frame.
- Resistance @16.89 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 | NEUTRAL | NEUTRAL | The short term trend for CC is neutral. |
| ChartMill Relative Strength | 9.9 | NEGATIVE | CC has a low relative strength, it was outperformed by 90.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CC is below a declining 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) | 40.36 | NEUTRAL | The RSI value for CC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CC has a negative trend. |
| Stochastics (14,3) | 19.26 | OVERSOLD | The low Stochastics value suggests CC may be oversold. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for CC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.52 | POSITIVE | The high ADX value value for CC suggests a strong 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)
11.98
-0.57 (-4.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-4.54%
1 Week-14.43%
2 Weeks-12.36%
1 Month-5.89%
3 Month-4.16%
6 Month-36.91%
12 Month-41.67%
2 Year-67.6%
3 Year-66.34%
5 Year-35.35%
10 Year9.71%
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%5.94%
ATR Inc57.21%
Range Today0.64
ADR(20)0.65
ADR(20)%5.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.9
Mansfield-3.08
10 Day High14.65
10 Day Low11.74
20 Day High14.79
20 Day Low11.74
52 Week High22.38
52 Week Low9.13
CS1 End11.97
CR1 Start14.35
Volume & EV
DER(3)-1.58%
DER(5)-2.22%
Volume6.20M
Volume Incr-27.23%
Vol(5)3.75M
Vol(50)4.40M