CARLYLE CREDIT INCOME FUND (CCIF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CCIF - US92535C1045
Overall CCIF gets a technical rating of 1 out of 10. CCIF'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than CCIF.
- CCIF is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CCIF has a been trading in the 4.55 - 4.95 range, which is quite wide. It is currently trading near the high of this range.
The technical rating of CCIF is bad and it also does not present a quality setup 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
4.52
We found 2 important support areas.
- A support zone ranging from 4.92 to 4.93. 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 4.57 to 4.61. 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 4.96 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.39 from a horizontal line in the daily 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 CCIF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCIF is neutral. |
| ChartMill Relative Strength | 12.95 | NEGATIVE | CCIF has a low relative strength, it was outperformed by 87.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCIF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CCIF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCIF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.95 | NEUTRAL | The RSI value for CCIF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CCIF has a positive trend. |
| Stochastics (14,3) | 92.18 | OVERBOUGHT | The high Stochastics value suggests CCIF may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CCIF suggests some volalility. |
| Average Directional Index/ADX (14) | 18.88 | NEGATIVE | The low ADX value for CCIF suggests a weak or negative trend. |
4.95
+0.09 (+1.85%)
CARLYLE CREDIT INCOME FUND / CCIF FAQ
What is the technical rating for CCIF stock?
ChartMill assigns a technical rating of 1 / 10 to CCIF.
What is the current trend direction of CARLYLE CREDIT INCOME FUND (CCIF) stock?
The current trend direction for CARLYLE CREDIT INCOME FUND (CCIF) is Bearish.
Can you provide the RSI signal for CARLYLE CREDIT INCOME FUND?
CARLYLE CREDIT INCOME FUND (CCIF) has an RSI value of 60.9517. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARLYLE CREDIT INCOME FUND?
The MACD indicator for CARLYLE CREDIT INCOME FUND (CCIF) has a value of 0.0419802, indicating a bearish trend.
Can you provide the short term momentum for CARLYLE CREDIT INCOME FUND?
The short term momentum for CARLYLE CREDIT INCOME FUND (CCIF) is neutral.