China Ceramics Company (CCCL) Stock Technical Analysis
USA - NASDAQ:CCCL -
2.42
0 (0%)
2.33
-0.09 (-3.72%)
Taking everything into account, CCCL scores 6 out of 10 in our technical rating. Although CCCL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, CCCL outperforms 61% of them, which is more or less in line with the market.
CCCL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCCL is lagging the market.
In the last month CCCL has a been trading in the 1.92 - 2.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, CCCL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.07
2.71
3 important support areas can be observed.
- Support @2.42 from a trend line in the weekly time frame.
- A support zone ranging from 2.19 to 2.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.09 to 2.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @2.43 from a horizontal line in the daily time frame.
- Resistance @2.68 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 CCCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCCL is up. |
| ChartMill Relative Strength | 61.44 | NEUTRAL | CCCL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CCCL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.06 | NEUTRAL | The RSI value for CCCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CCCL has a positive trend. |
| Stochastics (14,3) | 60.98 | NEUTRAL | The Stochastics value for CCCL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.13 | HIGH VOLATILITY | The high ATR as a percentage value for CCCL suggests high 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)
2.42
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week11.78%
2 Weeks11.01%
1 Month9.75%
3 Month2.11%
6 Month49.38%
12 Month6.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%10.13%
ATR Inc-19.9%
Range Today0.19
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
CRS61.44
Mansfield0.51
10 Day High2.74
10 Day Low2.08
20 Day High2.74
20 Day Low1.92
52 Week High5.31
52 Week Low0.78
CS1 End2.42
CR1 Start2.43
Volume & EV
DER(3)-1.33%
DER(5)-0.53%
Volume486.50K
Volume Incr18.85%
Vol(5)511.36K
Vol(50)618.66K