NASDAQ:CCCM - Nasdaq - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CCCM. CCCM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CCCM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.31, a Stop Loss order could be placed below this zone.
10.21
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 CCCM is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCCM is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CCCM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCCM is below a declining SMA(20). |
Relative Strength Index/RSI (14) | 42.6 | NEUTRAL | The RSI value for CCCM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests CCCM has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 19.18 | OVERSOLD | The low Stochastics value suggests CCCM may be oversold. |
Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for CCCM suggests low volalility. |
Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for CCCM suggests a weak or negative trend. |
10.34
-0.03 (-0.29%)