CCC INTELLIGENT SOLUTIONS HO (CCCS) Stock Technical Analysis
NASDAQ:CCCS - Nasdaq - US12510Q1004 - Common Stock - Currency: USD
Overall CCCS gets a technical rating of 1 out of 10. CCCS 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CCCS is a bad performer in the overall market: 79% of all stocks are doing better.
CCCS is one of the lesser performing stocks in the Software industry. 67% of 283 stocks in the same industry do better.
CCCS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCCS is lagging the market.
CCCS has an average volume of 8409790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CCCS has a been trading in the 8.41 - 9.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CCCS 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 resistance zone just above the current price starting at 9.16. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CCCS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.19
12.76
3 important support areas can be observed.
- A support zone ranging from 8.79 to 8.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.46 to 8.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.27 to 8.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.16 to 9.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.38 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for CCCS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCCS is neutral. |
| ChartMill Relative Strength | 21.16 | NEGATIVE | CCCS has a low relative strength, it was outperformed by 78.84% off all stocks 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) | DOWN | MIXED | The current price of CCCS is above a declining 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) | 52.55 | NEUTRAL | The RSI value for CCCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CCCS has a positive trend. |
| Stochastics (14,3) | 60.39 | NEUTRAL | The Stochastics value for CCCS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CCCS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for CCCS suggests a possible start of a new 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)
8.99
+0.07 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.78%
1 Week2.39%
2 Weeks2.16%
1 Month0.62%
3 Month-3.23%
6 Month-29.04%
12 Month-21.69%
2 Year-19.8%
3 Year-2.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.74%
ATR Inc-28.32%
Range Today0.22
ADR(20)0.22
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.16
Mansfield-1.88
10 Day High9.15
10 Day Low8.41
20 Day High9.32
20 Day Low8.41
52 Week High12.88
52 Week Low8.14
CS1 End8.9
CR1 Start9.16
Volume & EV
DER(3)3.45%
DER(5)3.27%
Volume9.51M
Volume Incr27.97%
Vol(5)10.68M
Vol(50)8.41M