CONCORD MEDICAL - SPON ADR (CCM) Stock Technical Analysis
NYSE:CCM - New York Stock Exchange, Inc. - US2062772049 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to CCM. CCM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, CCM is a bad performer in the overall market: 77% of all stocks are doing better.
CCM 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.
In the last month CCM has a been trading in the 4.91 - 7.15 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CCM has an average volume of 20000 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CCM is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, CCM did better than 55% of them.
Considerably lower volume is observed in the last couple of days.
CCM 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
5.13
8.65
We found 1 important support area.
- A support zone ranging from 5.18 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.06 from a horizontal line in the daily time frame.
- Resistance @7.77 from a trend line in the weekly time frame.
- Resistance @8.56 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 CCM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCM is neutral. |
| ChartMill Relative Strength | 23.07 | NEGATIVE | CCM has a low relative strength, it was outperformed by 76.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.97 | NEUTRAL | The RSI value for CCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CCM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.55 | NEUTRAL | The Stochastics value for CCM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for CCM suggests high volalility. |
| Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for CCM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:CCM (7/18/2025, 8:04:00 PM)
5.4
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0%
1 Week2.86%
2 Weeks-5.76%
1 Month-21.17%
3 Month30.75%
6 Month16.88%
12 Month-37.56%
2 Year-61.95%
3 Year-72.59%
5 Year-69.66%
10 Year-90.54%
15 Year-90.56%
Volatility
ATR(14)0.4
ATR(20)%7.7%
ATR Inc-22.92%
Range Today0
ADR(20)0.29
ADR(20)%5.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.07
Mansfield-1.58
10 Day High7.15
10 Day Low5.2
20 Day High7.15
20 Day Low4.91
52 Week High10.5
52 Week Low3.8
CS1 End5.3
CR1 Start6.06
Volume & EV
DER(3)0.86%
DER(5)0.51%
Volume500
Volume Incr-26.64%
Vol(5)1.90K
Vol(50)20.00K