CCC INTELLIGENT SOLUTIONS HO (CCCS) Stock Technical Analysis
NASDAQ:CCCS - US12510Q1004 - Common Stock
9.83 USD
+0.15 (+1.55%)
9.89 USD
+0.06 (+0.61%)
Taking everything into account, CCCS scores 6 out of 10 in our technical rating. In the last year, CCCS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
In the last month CCCS has a been trading in the 9.14 - 10.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CCCS has an average volume of 7254620 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 compared to the yearly performance of all other stocks, CCCS outperforms 40% of them, which is more or less in line with the market.
CCCS is part of the Software industry. There are 282 other stocks in this industry, CCCS did better than 52% of them.
CCCS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCCS is lagging the market.
Although the technical rating is only medium, CCCS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.81, a Stop Loss order could be placed below this zone.
More info and screens
8.38
12.76
We found 3 important support areas.
- A support zone ranging from 9.62 to 9.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.22 to 9.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.46 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @9.85 from a trend line in the daily time frame.
- A resistance zone ranging from 10.02 to 10.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.63 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 | NEUTRAL | NEUTRAL | The long term trend for CCCS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCCS is neutral. |
| ChartMill Relative Strength | 40.76 | NEUTRAL | CCCS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCCS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCCS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.56 | NEUTRAL | The RSI value for CCCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CCCS has a positive trend. |
| Stochastics (14,3) | 69.3 | NEUTRAL | The Stochastics value for CCCS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for CCCS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.46 | POSITIVE | The high ADX value value for CCCS suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.86 | 9.61 | 0.25 (2.54%) | 25.00% |
| An entry @9.86. This is a Buy Stop order right above the resistance zone. | An exit @9.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.25 points, which is 2.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of CCCS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.83
+0.15 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.55%
1 Week0.2%
2 Weeks1.76%
1 Month0.51%
3 Month11.96%
6 Month-3.53%
12 Month-8.81%
2 Year-8.13%
3 Year2.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.82%
ATR Inc-26.18%
Range Today0.18
ADR(20)0.27
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.76
Mansfield-1.27
10 Day High10.03
10 Day Low9.4
20 Day High10.5
20 Day Low9.14
52 Week High12.88
52 Week Low8.14
CS1 End9.81
CR1 Start9.85
Volume & EV
DER(3)0.37%
DER(5)1.87%
Volume6.00M
Volume Incr-25.88%
Vol(5)5.97M
Vol(50)7.25M