CONCORD MEDICAL - SPON ADR (CCM)

US2062771058 - ADR

0.63  -0.07 (-10%)

After market: 0.6536 +0.02 (+3.75%)

Technical Rating and Analysis

4

Taking everything into account, CCM scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CCM was also a bad performer in the overall market in the last year.

93% of all other stocks performed better in the past year than CCM.
CCM is part of the Health Care Providers & Services industry. There are 117 other stocks in this industry, of which 75% are performing better than CCM.
CCM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCM is lagging the market.
Warning: CCM has an average volume of 16238 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month CCM has a been trading in the 0.50 - 0.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CCM Weekly chart
CCM Daily chart
Setup Rating and Analysis

5

Although the technical rating is only medium, CCM does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for CCM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.62

1.09

We can see 6 important resistance areas.

  • A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.76 from a trend line in the weekly time frame.
  • Resistance @0.84 from a trend line in the daily time frame.
  • Resistance @0.87 from a horizontal line in the daily time frame.
  • Resistance @0.94 from a trend line in the daily time frame.
  • Resistance @1.08 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.78
Mansfield-4.76
10 Day High0.9
10 Day Low0.5
20 Day High0.9
20 Day Low0.5
52 Week High1.6
52 Week Low0.38
Performance
1 Week6.74%
2 Weeks14.55%
1 Month5%
3 Month-18.71%
6 Month-43.24%
12 Month-54.68%
2 Year-61.11%
3 Year-80.91%
5 Year-75.2%
10 Year-91.21%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)51.01
LBB0.44
UBB0.81
CCM Daily chart

CONCORD MEDICAL - SPON ADR

NYSE:CCM (5/3/2024, 7:04:00 PM)

After market: 0.6536 +0.02 (+3.75%)

0.63

-0.07 (-10%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-10%
1 Week6.74%
2 Weeks14.55%
1 Month5%
3 Month-18.71%
6 Month-43.24%
12 Month-54.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%15.29%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.9
10 Day Low0.5
20 Day High0.9
20 Day Low0.5
52 Week High1.6
52 Week Low0.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.60K
Volume Incr306.78%
Vol(5)38.40K
Vol(50)16.24K