Churchill Capital IV [Lucid Motors] (CCIV) Stock Technical Analysis
NYSE:CCIV - New York Stock Exchange, Inc. -
We assign a technical rating of 2 out of 10 to CCIV. CCIV'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.
When comparing the yearly performance of all stocks, CCIV is a bad performer in the overall market: 100% of all stocks are doing better.
CCIV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CCIV has a been trading in the 20.90 - 29.81 range, which is quite wide. It is currently trading near the lows of this range.
CCIV has an average volume of 11641600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CCIV has a poor technical rating and the quality of the setup is also not perfect 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
20.94
28.61
4 important support areas can be observed.
- A support zone ranging from 23.41 to 23.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.61 to 22.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.20 from a horizontal line in the daily time frame.
- Support @21.15 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @24.28 from a horizontal line in the daily time frame.
- Resistance @27.02 from a horizontal line in the weekly time frame.
- Resistance @28.33 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for CCIV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCIV is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | CCIV 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 CCIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.89 | NEUTRAL | The RSI value for CCIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests CCIV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.34 | NEUTRAL | The Stochastics value for CCIV is a neutral value. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for CCIV suggests high volalility. |
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)
Churchill Capital IV [Lucid Motors]
NYSE:CCIV (7/23/2021, 8:21:29 PM)
After market: 24.33 +0.08 (+0.33%)24.25
+1.35 (+5.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.9%
1 Week6.41%
2 Weeks-5.09%
1 Month-2.41%
3 Month18%
6 Month8.5%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.89
ATR(20)%7.86%
ATR Inc2.46%
Range Today2
ADR(20)N/A
ADR(20)%N/A
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 High27.4
10 Day Low20.9
20 Day High29.81
20 Day Low20.9
52 Week High64.86
52 Week Low9.6
CS1 End23.94
CR1 Start24.28
Volume & EV
DER(3)-1.06%
DER(5)0.14%
Volume17.91M
Volume Incr18.08%
Vol(5)12.84M
Vol(50)11.64M