CHEMOURS CO/THE (CC) Stock Technical Analysis
USA - NYSE:CC - US1638511089 - Common Stock
17.02 USD
+0.01 (+0.06%)
17.02 USD
0 (0%)
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.
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 83 other stocks in this industry. CC outperforms 75% of them.
CC has an average volume of 3694620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CC is one of the better performing stocks in the market, outperforming 73% of all 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.
In the last month CC has a been trading in the 14.62 - 18.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
12.59
17.20
We found 4 important support areas.
- A support zone ranging from 16.15 to 16.33. 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 14.95 to 14.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.06 from a trend line in the daily time frame.
- Support @12.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @17.03 from a horizontal 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 | 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 | 73.01 | POSITIVE | CC has a high relative strength, it outperformed 73.01% 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) | 63.66 | NEUTRAL | The RSI value for CC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.88 | NEUTRAL | The Stochastics value for CC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for CC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.9 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.04 | 16.14 | 0.90 (5.28%) | 18.93% |
| An entry @17.04. This is a Buy Stop order right above the resistance zone. | An exit @16.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.90 points, which is 5.28%. | For a 1.00% total portfolio risk, you can invest 18.93% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.02
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.06%
1 Week-1.39%
2 Weeks4.74%
1 Month10.74%
3 Month45.22%
6 Month24.05%
12 Month-17.86%
2 Year-39.32%
3 Year-30.95%
5 Year-18.6%
10 Year163.06%
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%3.85%
ATR Inc-16.44%
Range Today0.66
ADR(20)0.64
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.01
Mansfield-0.13
10 Day High18.09
10 Day Low15.95
20 Day High18.09
20 Day Low14.62
52 Week High22.38
52 Week Low9.13
CS1 End16.33
CR1 Start17.03
Volume & EV
DER(3)-0.46%
DER(5)-0.8%
Volume2.55M
Volume Incr3.23%
Vol(5)3.19M
Vol(50)3.69M