CARECLOUD INC (CCLD) Technical Analysis
NASDAQ:CCLD • US14167R1005
Current stock price
CCLD Technical Rating and Analysis
Overall CCLD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CCLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CCLD did better than 96% of all other stocks. On top of that, CCLD also shows a nice and consistent pattern of rising prices.
- CCLD is part of the Health Care Technology industry. There are 35 other stocks in this industry. CCLD outperforms 97% of them.
- CCLD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CCLD is performing more or less in line with the market.
- CCLD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CCLD Weekly and Daily overview Charts
CCLD Setup Rating and Analysis
CCLD has an excellent technical rating, but 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
CCLD Support and Resistance Analysis
2.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.60 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.47 from a trend line in the weekly time frame.
- A support zone ranging from 2.27 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @3.68 from a horizontal line in the daily time frame.
CCLD 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 | UP | POSITIVE | The long term trend for CCLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCLD is up. |
| ChartMill Relative Strength | 96.04 | POSITIVE | CCLD has a high relative strength, it outperformed 96.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCLD is above 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) | 74 | OVERBOUGHT | The high RSI value suggests CCLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CCLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.17 | OVERBOUGHT | The high Stochastics value suggests CCLD may be overbought. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for CCLD suggests high volalility. |
| Average Directional Index/ADX (14) | 33.36 | POSITIVE | The high ADX value value for CCLD suggests a strong trend. |
CCLD Chart- and CandleStick Pattern Analysis
CCLD Technicals: Chart, Performance Metrics, Trend & Indicators
3.61
+0.18 (+5.25%)
CARECLOUD INC / CCLD TA FAQ
What is the technical rating for CCLD stock?
ChartMill assigns a technical rating of 10 / 10 to CCLD.
What is the current trend direction of CARECLOUD INC (CCLD) stock?
The current trend direction for CARECLOUD INC (CCLD) is Bullish.
What is the RSI signal for CCLD stock?
CARECLOUD INC (CCLD) has an RSI value of 73.9958. This indicates that the stock is currently overbought.
What is the MACD signal for CCLD stock?
The MACD indicator for CARECLOUD INC (CCLD) has a value of 0.0952838, indicating a bearish trend.
Can you provide the buy/sell signal for CARECLOUD INC?
The buy/sell signal for CARECLOUD INC (CCLD) is buy as both the short term and long term trends are positive.