CHECHE GROUP INC (CCG) Stock Technical Analysis
USA - NASDAQ:CCG - KYG207071088 - Common Stock
1.01 USD
0 (0%)
1 USD
-0.01 (-0.99%)
Overall CCG gets a technical rating of 4 out of 10. In the last year, CCG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
CCG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CCG is one of the better performing stocks in the Insurance industry, it outperforms 90% of 147 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, CCG did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CCG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCG is lagging the market.
Considerably lower volume is observed in the last couple of days.
CCG has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.79
1.16
We found 3 important support areas.
- A support zone ranging from 1.00 to 1.00. 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 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.15 from a trend 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 CCG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCG is down. |
| ChartMill Relative Strength | 85.21 | POSITIVE | CCG has a high relative strength, it outperformed 85.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CCG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.58 | NEUTRAL | The RSI value for CCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CCG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.63 | OVERSOLD | The low Stochastics value suggests CCG may be oversold. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for CCG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.98 | NEUTRAL | The ADX value for CCG 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)
1.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week4.07%
2 Weeks1.17%
1 Month-22.9%
3 Month27.85%
6 Month10.47%
12 Month27.86%
2 Year-82.4%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%8.58%
ATR Inc-28.3%
Range Today0.06
ADR(20)0.08
ADR(20)%8.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.21
3 months CRS88.8
6 months CRS49.24
Mansfield-0.01
10 Day High1.09
10 Day Low0.95
20 Day High1.37
20 Day Low0.95
52 Week High1.54
52 Week Low0.71
CS1 End1
CR1 Start1.02
Volume & EV
DER(3)4.65%
DER(5)3.81%
Volume59.90K
Volume Incr-84.18%
Vol(5)48.60K
Vol(50)497.48K
CHECHE GROUP INC / CCG FAQ
What is the ChartMill technical rating of CHECHE GROUP INC (CCG) stock?
ChartMill assigns a technical rating of 4 / 10 to CCG.
What is the current trend direction of CHECHE GROUP INC (CCG) stock?
The current trend direction for CHECHE GROUP INC (CCG) is Bearish.
Can you provide the RSI signal for CHECHE GROUP INC?
CHECHE GROUP INC (CCG) has an RSI value of 42.5848. This indicates that the stock is currently neutral.
What is the short term momentum for CCG stock?
The short term momentum for CHECHE GROUP INC (CCG) is negative.