CHECHE GROUP INC (CCG) Stock Technical Analysis
NASDAQ:CCG - Nasdaq - KYG207071088 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CCG. CCG'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
78% of all other stocks performed better in the past year than CCG.
CCG is part of the Insurance industry. There are 143 other stocks in this industry, of which 80% are performing better than CCG.
CCG 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 CCG is lagging the market.
In the last month CCG has a been trading in the 0.74 - 0.85 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CCG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.77, a Stop Loss order could be placed below this zone.
More info and screens
0.75
0.85
When analyzing the support we notice one important area.
- A support zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.78 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CCG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCG is down. |
| ChartMill Relative Strength | 22.65 | NEGATIVE | CCG has a low relative strength, it was outperformed by 77.35% 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) | DOWN | NEGATIVE | The current price of CCG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.96 | NEUTRAL | The RSI value for CCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CCG has a negative trend. |
| Stochastics (14,3) | 32.78 | NEUTRAL | The Stochastics value for CCG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CCG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.77 | 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)
0.78
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week-2.54%
2 Weeks-5.21%
1 Month-4.88%
3 Month-20.42%
6 Month-0.08%
12 Month1.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.74%
ATR Inc31.63%
Range Today0.05
ADR(20)0.04
ADR(20)%4.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.65
Mansfield-1.3
10 Day High0.84
10 Day Low0.74
20 Day High0.85
20 Day Low0.74
52 Week High1.54
52 Week Low0.56
CS1 End0.77
CR1 Start0.78
Volume & EV
DER(3)-9.42%
DER(5)-5.99%
Volume78.00K
Volume Incr-42.1%
Vol(5)91.72K
Vol(50)206.87K