Churchill Capital IV [Lucid Motors] (CCIV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CCIV -
We assign a technical rating of 2 out of 10 to CCIV. CCIV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CCIV has a poor technical rating and the quality of the setup is also only medium 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
When analyzing the support we can see 4 important areas.
- 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.
We can see 3 important resistance 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. |
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%)
Churchill Capital IV [Lucid Motors] / CCIV FAQ
What is the ChartMill technical rating of Churchill Capital IV [Lucid Motors] (CCIV) stock?
ChartMill assigns a technical rating of 2 / 10 to CCIV.
What is the trend direction for CCIV stock?
The current trend direction for Churchill Capital IV [Lucid Motors] (CCIV) is Bearish.
Can you provide the RSI signal for Churchill Capital IV [Lucid Motors]?
Churchill Capital IV [Lucid Motors] (CCIV) has an RSI value of 49.8889. This indicates that the stock is currently neutral.
What is the MACD signal for Churchill Capital IV [Lucid Motors] (CCIV) stock?
The MACD indicator for Churchill Capital IV [Lucid Motors] (CCIV) has a value of -0.323067, indicating a bearish trend.
What is the support and resistance level for CCIV stock?
Churchill Capital IV [Lucid Motors] (CCIV) has a support level at 23.94 and a resistance level at 24.28. Check the full technical report for our detailed analysis of CCIV support and resistance levels.