Overall CCCC gets a technical rating of 0 out of 10. CCCC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 91% of all other stocks performed better in the past year than CCCC.
- CCCC is one of the lesser performing stocks in the Biotechnology industry. 68% of 525 stocks in the same industry do better.
- In the last month CCCC has a been trading in the 1.87 - 2.47 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.
- CCCC has an average volume of 1635630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CCCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCCC is lagging the market.
- Considerably lower volume is observed in the last couple of days.
The technical rating of CCCC 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
1.88
When analyzing the support we notice one important area.
- A support zone ranging from 1.90 to 1.92. 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 2.13 to 2.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.28 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CCCC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCCC is down. |
| ChartMill Relative Strength | 9.48 | NEGATIVE | CCCC has a low relative strength, it was outperformed by 90.52% 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) | UP | MIXED | The current price of CCCC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.16 | NEUTRAL | The RSI value for CCCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CCCC has a negative trend. |
| Stochastics (14,3) | 12.57 | OVERSOLD | The low Stochastics value suggests CCCC may be oversold. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for CCCC suggests high volalility. |
| Average Directional Index/ADX (14) | 14.4 | NEGATIVE | The low ADX value for CCCC suggests a weak or negative trend. |
1.96
-0.07 (-3.45%)
C4 THERAPEUTICS INC / CCCC FAQ
What is the technical rating for CCCC stock?
ChartMill assigns a technical rating of 0 / 10 to CCCC.
What is the current trend direction of C4 THERAPEUTICS INC (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 39.1637. This indicates that the stock is currently neutral.
Can you provide the MACD signal for C4 THERAPEUTICS INC?
The MACD indicator for C4 THERAPEUTICS INC (CCCC) has a value of -0.0100491, indicating a bearish trend.
Can you provide the short term momentum for C4 THERAPEUTICS INC?
The short term momentum for C4 THERAPEUTICS INC (CCCC) is negative.