CRESCENT CAPITAL BDC INC (CCAP) Stock Technical Analysis
USA - NASDAQ:CCAP - US2256551092 - Common Stock
Taking everything into account, CCAP scores 5 out of 10 in our technical rating. In the past year, CCAP 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.
Although the technical rating is only medium, CCAP does present a nice setup opportunity. 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 a resistance zone just above the current price starting at 15.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.69, a Stop Loss order could be placed below this zone.
More info and screens
13.95
We found 2 important support areas.
- A support zone ranging from 15.35 to 15.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.09 to 14.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.95 to 15.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.41 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 | NEUTRAL | NEUTRAL | The long term trend for CCAP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCAP is up. |
| ChartMill Relative Strength | 22.76 | NEGATIVE | CCAP has a low relative strength, it was outperformed by 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCAP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.8 | NEUTRAL | The RSI value for CCAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CCAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.1 | NEUTRAL | The Stochastics value for CCAP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for CCAP suggests low volalility. |
| Average Directional Index/ADX (14) | 20.78 | NEUTRAL | The ADX value for CCAP suggests a possible start of a new trend. |
15.73
+0.04 (+0.25%)