CHURCHILL CAPITAL CORP X (CCCXW) Technical Analysis
NASDAQ:CCCXW
Current stock price
CCCXW Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CCCXW. CCCXW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, CCCXW is a bad performer in the overall market: 100% of all stocks are doing better.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month CCCXW has a been trading in the 4.38 - 8.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CCCXW Weekly and Daily overview Charts
CCCXW Setup Rating and Analysis
Although the technical rating is bad, CCCXW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.79. Right above this resistance zone may be a good entry point.
More info and screens
CCCXW Support and Resistance Analysis
4.57
We found 1 important support area.
- Support @4.62 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.79 to 6.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.48 from a trend line in the daily time frame.
- Resistance @8.68 from a trend line in the weekly time frame.
- Resistance @9.13 from a trend line in the daily time frame.
CCCXW Technical Indicator Signal Analysis
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 CCCXW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCCXW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CCCXW 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 CCCXW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CCCXW is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.98 | NEUTRAL | The RSI value for CCCXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CCCXW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.11 | NEUTRAL | The Stochastics value for CCCXW is a neutral value. |
| Average True Range in percent/ATR (20) | 15.73 | HIGH VOLATILITY | The high ATR as a percentage value for CCCXW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for CCCXW suggests a weak or negative trend. |
CCCXW Chart- and CandleStick Pattern Analysis
CCCXW Technicals: Chart, Performance Metrics, Trend & Indicators
6.365
+0.17 (+2.66%)
CHURCHILL CAPITAL CORP X / CCCXW TA FAQ
What is the technical rating for CCCXW stock?
ChartMill assigns a technical rating of 1 / 10 to CCCXW.
What is the trend direction for CCCXW stock?
The current trend direction for CHURCHILL CAPITAL CORP X (CCCXW) is Bearish.
What is the RSI signal for CCCXW stock?
CHURCHILL CAPITAL CORP X (CCCXW) has an RSI value of 46.9768. This indicates that the stock is currently neutral.
What is the short term momentum for CCCXW stock?
The short term momentum for CHURCHILL CAPITAL CORP X (CCCXW) is negative.
Can you provide the support and resistance levels for CHURCHILL CAPITAL CORP X?
CHURCHILL CAPITAL CORP X (CCCXW) has a support level at 4.62 and a resistance level at 6.79. Check the full technical report for our detailed analysis of CCCXW support and resistance levels.