We assign a technical rating of 0 out of 10 to CCCC. CCCC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CCCC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
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1.99
When analyzing the support we notice one important area.
- A support zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.43 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.51 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.67 from a trend line in the daily 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 CCCC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCCC is down. |
| ChartMill Relative Strength | 7.1 | NEGATIVE | CCCC has a low relative strength, it was outperformed by 92.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.57 | NEUTRAL | The RSI value for CCCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CCCC has a negative trend. |
| Stochastics (14,3) | 2.68 | OVERSOLD | The low Stochastics value suggests CCCC may be oversold. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for CCCC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for CCCC suggests a weak or negative trend. |
2.05
-0.21 (-9.29%)
C4 THERAPEUTICS INC / CCCC FAQ
What is the ChartMill technical rating of C4 THERAPEUTICS INC (CCCC) stock?
ChartMill assigns a technical rating of 0 / 10 to CCCC.
What is the trend direction for CCCC stock?
The current trend direction for C4 THERAPEUTICS INC (CCCC) is Bearish.
Can you provide the RSI signal for C4 THERAPEUTICS INC?
C4 THERAPEUTICS INC (CCCC) has an RSI value of 34.5719. This indicates that the stock is currently neutral.
What is the short term momentum for CCCC stock?
The short term momentum for C4 THERAPEUTICS INC (CCCC) is negative.
What are the support and resistance levels for C4 THERAPEUTICS INC (CCCC) stock?
C4 THERAPEUTICS INC (CCCC) has a support level at 2.04 and a resistance level at 2.43. Check the full technical report for our detailed analysis of CCCC support and resistance levels.