CARECLOUD INC (CCLD) Stock Technical Analysis
USA - NASDAQ:CCLD - US14167R1005 - Common Stock
Taking everything into account, CCLD scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
CCLD has an average technical rating and it also does not offer a high 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
2.72
2 important support areas can be observed.
- A support zone ranging from 2.90 to 2.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.75 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.23 to 3.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.60 from a trend line in the daily time frame.
- A resistance zone ranging from 3.74 to 3.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CCLD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCLD is down. |
| ChartMill Relative Strength | 84.41 | POSITIVE | CCLD has a high relative strength, it outperformed 84.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CCLD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.58 | NEUTRAL | The RSI value for CCLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CCLD has a negative trend. |
| Stochastics (14,3) | 10.69 | OVERSOLD | The low Stochastics value suggests CCLD may be oversold. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for CCLD suggests high volalility. |
| Average Directional Index/ADX (14) | 12.45 | NEGATIVE | The low ADX value for CCLD suggests a weak or negative trend. |
2.95
-0.06 (-1.99%)
CARECLOUD INC / CCLD FAQ
What is the technical rating for CCLD stock?
ChartMill assigns a technical rating of 5 / 10 to CCLD.
Can you provide the trend direction for CARECLOUD INC?
The current trend direction for CARECLOUD INC (CCLD) is Bullish.
What is the RSI signal for CARECLOUD INC (CCLD) stock?
CARECLOUD INC (CCLD) has an RSI value of 38.5811. This indicates that the stock is currently neutral.
What is the MACD signal for CCLD stock?
The MACD indicator for CARECLOUD INC (CCLD) has a value of -0.0329977, indicating a bearish trend.
Can you provide the support and resistance levels for CARECLOUD INC?
CARECLOUD INC (CCLD) has a support level at 2.94 and a resistance level at 3.23. Check the full technical report for our detailed analysis of CCLD support and resistance levels.