Clarivate Analytics Plc (CCC) Stock Technical Analysis
NYSE:CCC - New York Stock Exchange, Inc. -
We assign a technical rating of 3 out of 10 to CCC. CCC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
CCC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCC is lagging the market slightly.
CCC has an average volume of 1298810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, CCC turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
In the last month CCC has a been trading in the 27.38 - 31.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CCC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.01, a Stop Loss order could be placed below this zone.
More info and screens
21.67
31.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.39 to 28.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.77 from a horizontal line in the daily time frame.
- Support @21.89 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.08 to 29.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.25 to 31.14. 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 | NEUTRAL | NEUTRAL | The long term trend for CCC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCC is neutral. |
| ChartMill Relative Strength | 65.27 | NEUTRAL | CCC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CCC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.49 | NEUTRAL | The RSI value for CCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests CCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.69 | NEUTRAL | The Stochastics value for CCC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CCC suggests some volalility. |
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)
28.94
-0.23 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week-1.87%
2 Weeks-1.83%
1 Month-2.98%
3 Month4.29%
6 Month4.67%
12 Month43.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%3.37%
ATR Inc34.98%
Range Today0.97
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.27
Mansfield-0.12
10 Day High30.1
10 Day Low27.38
20 Day High31.27
20 Day Low27.38
52 Week High33.55
52 Week Low15
CS1 End28.01
CR1 Start29.08
Volume & EV
DER(3)-4.86%
DER(5)-2.63%
Volume2.48M
Volume Incr217.14%
Vol(5)2.34M
Vol(50)1.30M