CHECHE GROUP INC (CCG) Stock Technical Analysis
USA - NASDAQ:CCG - KYG207071088 - Common Stock
1.47 USD
-0.01 (-0.68%)
1.4501 USD
-0.02 (-1.35%)
Overall CCG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CCG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CCG is one of the better performing stocks in the market, outperforming 95% of all stocks.
CCG is one of the better performing stocks in the Insurance industry, it outperforms 97% of 146 stocks in the same industry.
CCG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CCG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Although CCG has an excellent technical rating, it does not present a decent entry opportunity 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
0.74
1.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.46 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CCG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCG is up. |
| ChartMill Relative Strength | 95.4 | POSITIVE | CCG has a high relative strength, it outperformed 95.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCG is above 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) | 77.07 | OVERBOUGHT | The high RSI value suggests CCG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CCG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.59 | OVERBOUGHT | The high Stochastics value suggests CCG may be overbought. |
| Average True Range in percent/ATR (20) | 8.94 | HIGH VOLATILITY | The high ATR as a percentage value for CCG suggests high volalility. |
| Average Directional Index/ADX (14) | 55.03 | POSITIVE | The high ADX value value for CCG 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)
1.47
-0.01 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.68%
1 Week-2%
2 Weeks32.43%
1 Month74.17%
3 Month79.33%
6 Month55.56%
12 Month92.66%
2 Year-86.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%8.94%
ATR Inc-77.51%
Range Today0.03
ADR(20)0.13
ADR(20)%8.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.4
Mansfield4.93
10 Day High1.54
10 Day Low0.99
20 Day High1.54
20 Day Low0.78
52 Week High1.54
52 Week Low0.66
CS1 End1.46
CR1 Start1.5
Volume & EV
DER(3)9.7%
DER(5)4.09%
Volume237.60K
Volume Incr-16%
Vol(5)651.32K
Vol(50)421.51K