COHEN CIRCLE ACQUISITION COR (CCIR) Stock Technical Analysis
NASDAQ:CCIR - Nasdaq - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CCIR. In the last year, CCIR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, CCIR is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month CCIR has a been trading in the 10.77 - 13.15 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
The technical rating of CCIR 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
10.71
12.59
We found 1 important support area.
- A support zone ranging from 10.82 to 10.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @12.47 from a horizontal 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 | UP | POSITIVE | The long term trend for CCIR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCIR is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CCIR 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 CCIR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCIR is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 27.68 | OVERSOLD | The low RSI value suggests CCIR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests CCIR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.15 | OVERSOLD | The low Stochastics value suggests CCIR may be oversold. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for CCIR suggests some volalility. |
| Average Directional Index/ADX (14) | 36.47 | POSITIVE | The high ADX value value for CCIR 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)
10.83
-0.21 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.9%
1 Week-5.66%
2 Weeks-10.27%
1 Month-16.63%
3 Month-5.74%
6 Month8.63%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%4.22%
ATR Inc-12.22%
Range Today0.34
ADR(20)0.45
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.2
10 Day Low10.77
20 Day High13.15
20 Day Low10.77
52 Week HighN/A
52 Week LowN/A
CS1 End10.82
CR1 Start12.47
Volume & EV
DER(3)-2.54%
DER(5)-5.28%
Volume505.24K
Volume Incr-10.71%
Vol(5)270.86K
Vol(50)270.21K