We assign a technical rating of 5 out of 10 to CCIX. CCIX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, CCIX outperforms 43% of them, which is more or less in line with the market.
- In the last month CCIX has a been trading in a tight range between 10.55 and 10.85.
- Considerably lower volume is observed in the last couple of days.
CCIX has an average technical rating and also the quality of the setup is 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
10.37
We found 1 important support area.
- A support zone ranging from 10.47 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @10.84 from a horizontal 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 CCIX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCIX is neutral. |
| ChartMill Relative Strength | 43.85 | 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) | DOWN | NEGATIVE | The current price of CCIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.34 | NEUTRAL | The RSI value for CCIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CCIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.5 | OVERSOLD | The low Stochastics value suggests CCIX may be oversold. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for CCIX suggests low volalility. |
| Average Directional Index/ADX (14) | 36.8 | POSITIVE | The high ADX value value for CCIX suggests a strong trend. |
10.67
+0.04 (+0.38%)
CHURCHILL CAPITAL CORP IX / CCIX 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.
What is the RSI signal for CHURCHILL CAPITAL CORP IX (CCIX) stock?
CHURCHILL CAPITAL CORP IX (CCIX) has an RSI value of 55.3373. This indicates that the stock is currently neutral.
What is the support and resistance level for CCIX stock?
CHURCHILL CAPITAL CORP IX (CCIX) has a support level at 10.67 and a resistance level at 10.84. Check the full technical report for our detailed analysis of CCIX support and resistance levels.