CHURCHILL CAPITAL CORP IX (CCIX) Technical Analysis
NASDAQ:CCIX • KYG213011094
Current stock price
CCIX Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to CCIX. CCIX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 68% of all other stocks performed better in the past year than CCIX.
- CCIX 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month CCIX has a been trading in a tight range between 10.60 and 10.81.
- Volume is considerably higher in the last couple of days.
CCIX Weekly and Daily overview Charts
CCIX Setup Rating and Analysis
CCIX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.71, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CCIX Support and Resistance Analysis
10.37
We found 1 important support area.
- A support zone ranging from 10.47 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.74 to 10.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CCIX Technical Indicator Signal Analysis
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 CCIX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCIX is up. |
| ChartMill Relative Strength | 32 | NEUTRAL | CCIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.33 | NEUTRAL | The RSI value for CCIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CCIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.91 | NEUTRAL | The Stochastics value for CCIX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for CCIX suggests low volalility. |
| Average Directional Index/ADX (14) | 21.27 | NEUTRAL | The ADX value for CCIX suggests a possible start of a new trend. |
CCIX Chart- and CandleStick Pattern Analysis
CCIX Technicals: Chart, Performance Metrics, Trend & Indicators
10.74
-0.01 (-0.09%)
CHURCHILL CAPITAL CORP IX / CCIX TA FAQ
What is the technical rating for CCIX stock?
ChartMill assigns a technical rating of 5 / 10 to CCIX.
What is the trend direction for CCIX stock?
The current trend direction for CHURCHILL CAPITAL CORP IX (CCIX) is Bearish.
Can you provide the RSI signal for CHURCHILL CAPITAL CORP IX?
CHURCHILL CAPITAL CORP IX (CCIX) has an RSI value of 54.3349. This indicates that the stock is currently neutral.
What is the short term momentum for CHURCHILL CAPITAL CORP IX (CCIX) stock?
The short term momentum for CHURCHILL CAPITAL CORP IX (CCIX) is positive.
Can you provide the support and resistance levels for CHURCHILL CAPITAL CORP IX?
CHURCHILL CAPITAL CORP IX (CCIX) has a support level at 10.71 and a resistance level at 10.74. Check the full technical report for our detailed analysis of CCIX support and resistance levels.