COHEN CIRCLE ACQUISITION COR (CCIR) Stock Technical Analysis
NASDAQ:CCIR - Nasdaq - Common Stock - Currency: USD
Taking everything into account, CCIR scores 1 out of 10 in our technical rating. CCIR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than CCIR.
In the last month CCIR has a been trading in the 10.95 - 13.35 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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
10.87
12.63
When analyzing the support we notice one important area.
- A support zone ranging from 10.98 to 10.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.41 to 11.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.47 to 12.50. This zone is formed by a combination of multiple trend lines 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) | 28.97 | OVERSOLD | The low RSI value suggests CCIR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CCIR has a negative trend. |
| Stochastics (14,3) | 3.76 | OVERSOLD | The low Stochastics value suggests CCIR may be oversold. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for CCIR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.57 | 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)
10.99
-0.14 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.26%
1 Week-5.26%
2 Weeks-9.92%
1 Month-12.78%
3 Month-4.35%
6 Month10.23%
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)%4.37%
ATR Inc-41.16%
Range Today0.36
ADR(20)0.47
ADR(20)%4.28%
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 Low10.95
20 Day High13.35
20 Day Low10.95
52 Week HighN/A
52 Week LowN/A
CS1 End10.98
CR1 Start11.41
Volume & EV
DER(3)-10.12%
DER(5)-7.7%
Volume216.50K
Volume Incr13.67%
Vol(5)305.54K
Vol(50)267.16K